69% of Indian firms face serious cyber-attack risk

Created by TECH GURU TEAM, Modified on Fri, 29 Dec, 2023 at 8:26 PM by TECH GURU TEAM

Cyber security risks

A survey reveals that 69% of Indian and 63% of Australian companies are at higher risk of cyber-attacks. Although 72% of organizations invest in regular breach assessments, only 17% remain safe.

Around 95% of respondents have embarked upon a digital transformation journey by adopting emerging technologies such as cloud computing, IoT, mobility, artificial intelligence, and machine learning. However, almost 65% of these respondents have faced challenges while executing their transformation projects. One of the primary reasons for this challenge is the less mature approach taken by business leaders to involve cyber security while designing digital transformation projects.

It has been found that 83% of companies do not prioritize cyber-security as a significant initiative until they have begun their digital transformation. However, since cloud services are a key component of digital transformation, it is equally important for cloud service providers to take responsibility for maintaining the security of an enterprise.

Organizations and cloud service providers share responsibility for security and compliance. Negligence can lead to higher rates of cyber-attacks.

It is crucial to take a moment to reflect and re-evaluate your security infrastructure. It's better to do this sooner rather than later to avoid losing control. Remember that every small contribution and step taken toward cybersecurity will lead to a secure, sturdy, and dependable IT infrastructure. This, in turn, will encourage growth and sustainability.

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