Last Updated: March 28, 2024, 13:12 IST
Indian corporations are but to completely realise the fee and problems with a cyberattack
Indian corporations face the specter of cyberattacks which wants a strong system but it surely appears only a few companies are prepared for the battle.
Cyberattacks are a giant menace and most companies realise the necessity to arm themselves with the weapons to sort out massive occasions. However, solely 4 p.c of organisations in India have the “mature” stage of readiness wanted to be resilient towards fashionable cybersecurity dangers, a brand new report confirmed on Thursday.
Readiness is crucial as 82 p.c of respondents stated a cybersecurity incident is more likely to disrupt their enterprise within the subsequent 12 to 24 months, in response to Cisco’s ‘2024 Cybersecurity Readiness Index,’
However, 88 p.c of corporations nonetheless really feel “moderately to very confident” of their capability to defend towards a cyberattack with their present infrastructure. “We cannot underestimate the threat posed by our own overconfidence,” stated Jeetu Patel, EVP and General Manager of Security and Collaboration at Cisco.
“Today’s organisations need to prioritise investments in integrated platforms and lean into AI in order to operate at machine scale and finally tip the scales in the favour of defenders,” Patel added.
Almost all (99 p.c) corporations globally anticipate to extend their cybersecurity budgets within the subsequent 12 months. About 71 p.c of corporations plan to considerably improve their IT infrastructure within the subsequent 12 to 24 months.
“They must also ensure that AI is integrated into frontline defenses as part of their overall cybersecurity strategy to fortify their defenses against evolving threats, futureproof their operations, and strengthen security resilience in a digital-first world,” stated Samir Kumar Mishra, Director, Security Business, Cisco India & SAARC.
