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Is it good to have experience in the dual modules of SAP Basis and security? How would it benefit me as a SAP Basis administrator?

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Typically you'll not be allowed to work in each of the Modules. But this is merely applicable for the US and European based huge customers. Need to get exposure to following skills

1 Troubleshooting

2. Creating and troubleshooting batch Jobs

3. Reviewing Logs

SAP-BASIS/Security folks should focus on new skills in SAP HANA world

SAP-BASIS/Security people ought to specialize in new skills in HANA world

SAP-BASIS → HANA DB skills /FIORI

SAP-SECURITY → SAP-GRC/  S/4HANA security/ HANA security

Some of the good books read below:

SAP HANA: An Introduction (SPS 12) (4th Edition) (SAP PRESS) (9781493214075): Bjarne Berg, Penny Silvia, Rob Frye: Books

SAP HANA Administration (HANA Admin) (SAP PRESS) (9781592299522): Richard Bremer, Lars Breddemann: Books

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