India cannot afford to take cyber security resources even from friendly nations as it will be a threat to security and sovereignty of the nation, a senior government official said on Thursday.
During a roundtable with start-ups organised by Start-up Policy Forum, Ministry of Electronics and Information Technology (Meity), Secretary S Krishnan said that the funding of start-ups especially in growth and later stage is crucial for entities in deep-tech space like cyber security.
"There is a crucial story, especially in something like cyber security. The crucial story is that you have to have an independent resource within the country. You can't afford not to have it. This is not something where you can actually take it from other countries. It becomes a threat to our own sovereignty," Krishnan said.
He was talking about the challenges that the government faced while financing start-ups and the need for the alignment of support with the state's strategic requirements.
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