Disclaimer: We may earn a commission if you make any purchase by clicking our links. Please see our detailed guide here.

Follow us on:

73% of Indian Firms Expect Customer Data Breaches in the Next 1 Year: Report

IANS
IANS
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Join the Opinion Leaders Network

Join the Techgenyz Opinion Leaders Network today and become part of a vibrant community of change-makers. Together, we can create a brighter future by shaping opinions, driving conversations, and transforming ideas into reality.

Nearly 73 percent of organizations in India expect to experience a data breach that impacts customer data in the next 12 months; a new report showed on Tuesday.

According to global cybersecurity leader Trend Micro, the Indian organizations ranked the top three negative consequences of an attack as lost IP, critical infrastructure damage/disruption, and cost of outside consultants and experts.

“Once agai,n we’ve found plenty to keep CISOs awake at night, from operational and infrastructure risks to data protection, threat activity and human-shaped challenges,” said Vijendra Katiyar, Country Manager, India & SAARC, Trend Micro.

Nearly 57 percent of Indian organizations among those surveyed said it was somewhat too very likely that they’d suffer serious cyber-attacks in the next 12 months.

While 34 percent suffered more than 7 cyber attacks that infiltrated networks/systems, 20 percent had more than 7 breaches of information assets.

Thirty percent of respondents said they’d suffered more than 7 breaches of customer data over the past year.

In India, the top cyber threats highlighted in the report were ransomware, watering hole attacks, botnets, malicious insiders, and advanced persistent threats (APT).

The report noted that top security risks to infrastructure include malicious insiders, cloud computing infrastructure and providers, organizational misalignment and complexity, and negligent insiders.

“To lower cyber risk, organisations must be better prepared by going back to basics, identifying the critical data most at risk, focusing on the threats that matter most to their business, and delivering multi-layered protection from comprehensive, connected platforms,” Katiyar said.

Partner With Us

Digital advertising offers a way for your business to reach out and make much-needed connections with your audience in a meaningful way. Advertising on Techgenyz will help you build brand awareness, increase website traffic, generate qualified leads, and grow your business.

Join 10,000+ Fellow Readers

Get Techgenyz’s roundup delivered to your inbox curated with the most important for you that keeps you updated about the future tech, mobile, space, gaming, business and more.

Recomended

Find Apps

The Ultimate Hub for Discovering Apps Unlock a world of apps: your ultimate hub for exploring and discovering limitless possibilities for on your every needs.

Power Your Business

Solutions you need to super charge your business and drive growth

More from this topic