Despite having the highest percentage of companies with an independent security budget, 52% of Indian organisations say they fell victim to a successful cybersecurity attack in the last 12 months.
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As many as 61% of manufacturers have experienced smart factory cyber attacks and these incidents have shut production for days.
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Because of the ability for widespread shutdown of operations from an OT attack, hackers are seeing the potential for high ransom amounts.
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Among those respondents, 58% said their organisations experienced an increase in cyber attacks since the coronavirus pandemic started.
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Encryption has emerged as a key element of such strategies and an efficient and simple way to secure data from both malicious outsiders and careless insiders.
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Indian businesses need to brace up for more cyberattacks as they have increasingly adopted digitalisation and technology amid the COVID-19 pandemic, according to Infopercept Consulting.
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Legitimate tools were misused in 30% of cyberattacks, according to Kaspersky Global Emergency Response team’s investigation in 2019.
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APT groups continue to update and modify their arsenal, according to Kaspersky’s report on the latest APT trends that the corporate sector should be aware of.
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In the next year, financially motivated cyberthreat actors may start to target investment apps, online financial data processing systems and upcoming cryptocurrencies.
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The OT Cyber Security Alliance (OTCSA)’s mission is to safeguard crucial facilities from the rapidly growing number of cyberattacks now hitting vital infrastructures such as crucial utilities and manufacturing plant
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