Are Indian firms prepared to face the looming threats?
Financial Express Mumbai|April 08, 2024
India Inc. needs to increase cyber budgets tackle talent shortages
SUDHIR CHOWDHARY

WITH THE INCREASE in technology adoption among Indian businesses, we are also seeing a rapid increase in cybercrime and growing sophistication in cyber espionage.

Cisco's latest cybersecurity study shows companies continue to be targeted with a variety of techniques that range from phishing and ransomware to supply chain and social engineering attacks.And while they are building defenses against these attacks, they still struggle to defend themselves, slowed down by their own complex security postures.

Shockingly, only 4% of organisations in India have the 'Mature' level of readiness needed to be resilient against today's cybersecurity risks, according to Cisco's 2024 Cybersecurity Readiness Index.

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