Only 4% of companies in India can manage cybersecurity risks: Report
Only 4 per cent of companies in India have a mature level of readiness needed to manage cybersecurity risks and 3 per cent are so prepared worldwide, a recent report said.
Only 4 per cent of companies in India have a mature level of readiness needed to manage cybersecurity risks and 3 per cent are so prepared worldwide, a recent report said.
Only 4 per cent of organisations in India have the "mature" level of readiness needed to be resilient against modern cybersecurity risks, a new report showed on Thursday.
Networking major Cisco on Monday announced it has completed the acquisition of Splunk, the leader in cybersecurity and observability, for about $28 billion in the generative AI era.
Cybersecurity firm TAC Security on Wednesday said it appointed Altaf Halde as the Chief Business Officer (CBO) of the company.
As tech layoffs are set to continue unabated in 2024, the cybersecurity industry was not immune from job losses and more than 110 cybersecurity companies fired thousands of employees in 2023.
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Despite this increase, the sector still has one of the lowest data recovery rates, according to the report by Sophos, a global leader in cybersecurity.
On a global scale, the survey also showed that when organisations paid a ransom to get their data decrypted, they ended up additionally doubling their recovery costs (US$750,000 in recovery costs versus US$375,000 for organisations that used backups to get data back).
The aim of the hackathon is to address cyber security challenges and cybercrimes in the country by identifying innovative ideas and technological solutions given by the participants.
