Like any other space in life, technology has its own benefits and challenges. While it enhances a man’s life in almost all the aspects whether its health care, transport, communication, smart cities etc. There are various challenges which we have to overcome to not turn technology into our own enemy.

Cyber security poses bigger threat than any other spectrum of technology. Cyber criminals have already started abusing technology controlled devices for propelling cyber-crimes such as frauds and thefts. With technology protocols, still being developed and evolving at a gradual pace, it is very difficult to avoid such cyber-attacks. IoT plays a dramatic role in shaping the future of technology in India. With IoT now becoming backbone of various ventures, firms, organization and even basic ways of living, it is worrying that India has no dedicated law for IoT and some kind of guidance can be referred from the Information Technology Act, 2000 (IT Act, 2000). The Digital India initiative is driving our country towards a digitized life where the existence will highly depend on elements like cloud computing, 5G in telecom, e-Commerce etc. it is imperative to keep a check on loose ends.

Few challenges that the technology space faces in cyber security are the following:

• Digital Data Threat: Growing online transactions generate bigger incentives for cybercriminals. Besides, establishments looking to mine data—for instance, customer information, results of product surveys, and generic market information—create treasured intellectual property that is in itself an attractive target.
• Supply Chain Inter-connection: The supply chains are increasingly interconnected. Companies are urging vendors and customers to join their networks. This makes a company’s security wall thin.
• Hacking: This action is penetrating into someone’s system in unauthorized fashion to steal or destroy data, which has grown hundred folds in the past few years. The availability of information online makes it easier for even non-technical people to perform hacking.
• Phishing: The easiest to execute and can produce the results with very little effort. It is the act of sending out Fake emails, text messages and create websites to look like they're from authentic companies.

These challenges can be under surveillance and methodical steps can be taken to avoid such malpractices. To solve data theft problem, online space must regulate the use of data and clearly indicate when information will be shared provided by the users. The user can then choose to opt out, leaving personal information restricted to the space for which it was deliberated. When software online contains bugs or viruses, it is fairly easy for cyber criminals to gain personal information. Large technology firms should collaborate and create solutions that to increase security for their customers. Security controls need to move outward, beginning at the application level where such frauds can be caught easily. When there are no unified monitoring methods, firms become vulnerable. However, when every network has monitoring that detects changes, data can be protected.

With cloud hovering our lives with all our data it is imperative to protect our cloud space. With growing technology, the growth of cybercrime is evident but measure taken early and effectively can avoid cyber mishaps both big and small.