ReferIndia News Data becoming the new oil, says Piyush Goyal, inaugurating Kyndryl's Security and Network Operations Centre in Bengaluru

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Data becoming the new oil, says Piyush Goyal, inaugurating Kyndryl's Security and Network Operations Centre in Bengaluru

Published on: Feb. 20, 2026, 3:41 p.m. | Source: The Tribune

The reliance on new technologies necessitates a significant boost in cyber defense, said Piyush Goyal, Union Minister of Commerce and Industry. Speaking via video call, during the inauguration of Kyndryl's Security and Network Operations Centre in Bengaluru on Friday, Goyal said, 'I think the more and more we engage with technology, as the world moves towards huge amounts of data becoming the new oil as many people say. As we move towards AI ruling our lives in a big way and our own engagement as new technologies increase.'

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