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Who Say What on Union Budget 2021

Indian organisations face multiple challenges in mitigating risks: Report

India stands at pole position in list of countries hit by ransomware attack: Report

The recovery cost from ransomware attack’s impact trippled to $3.38 billion in 2021. The findings showed that 67 per cent of Indian organizations whose data was encrypted paid a ransom. The survey polled 5,400 IT decision makers in mid-sized organisations in 30 countries. New Delhi: Indian topped the list of 30 countries worldwide for ransomware attacks, according to a new report published by British cyber security company Sophos.  In India, the recovery cost from ransomware attack’s impact trippled to $3.38 billion (to date in 2021) from $1.1 million in 2020. The report noted that the average ransom payment in India was $76,619 (over Rs 55 lakh).  However, paying up often doesn`t pay off as Indian organizations that paid the ransom got back, on average, 75 per cent of their data and only 4 per cent got all their data back, according to `The State of Ransomware 2021` report by global cybersecurity leader Sophos.

1 Indian firm paying average Rs 55 lakh after ransom attack

The recovery cost from the impact of a ransomware attack tripled in the last year in India -- up from $1.1 million (over Rs 8 crore) in 2020 to $3.38 million (more than Rs 24.5 crore) in 2021 - as the country topped the list of 30 countries ...

India tops ransomware attacks globally with 68% entities impacted: Sophos

Read more about India tops ransomware attacks globally with 68% entities impacted: Sophos on Business Standard. 67% Indian organisations whose data was encrypted paid to get their data back

India tops the list of 30 countries worldwide for ransomware attacks, says global survey

68% of Indian organisations surveyed hit by ransomware in the last 12 months

At Rs 24.5 crore, ransomware data recovery cost triples in India

The recovery cost from the impact of a ransomware attack tripled in the last year in India -- up from $1.1 million (over Rs 8 crore) in 2020 to $3.38 million (more than Rs 24.5 crore) in 2021 to date -- as the country topped the list of 30 countries worldwide for ransomware attacks, a new report said on Tuesday. The average ransom payment in India was $76,619 (over Rs 55 lakh). However, paying up often doesn't pay off as Indian organizations that paid the ransom got back, on average, 75 per cent of their data and only 4 per cent got all their data back, according to 'The State of Ransomware 2021' report by global cybersecurity leader Sophos.

India tops the list for most ransomware attacks; 30 countries rank below

According to the findings, 67% of Indian organizations whose data was encrypted paid a ransom to recover their data, a slight increase from the previous year when 66% paid a ransom.

Cyber Experts Explain Why India Tops List of 30 Countries Worldwide for Ransomware Attacks

A 'State of Ransomware 2021' survey interviewed 5,400 IT decision-makers in 30 countries in Europe, the Americas, Asia-Pacific and Central Asia, the Middle East and...

80% Indian cos struggle to educate employees on cybersecurity: Survey

80% Indian cos struggle to educate employees on cybersecurity: Survey ​ By IANS | ​ 3 Views Hacker. (File Photo: IANS). Image Source: IANS News Mumbai, May 4 : Cyberattacks are increasing in frequency and severity, but nearly 80 per cent of Indian organisations struggle to provide adequate education to their leaders and employees regarding cybersecurity, according to a survey released on Tuesday. Despite increasing cyberattacks, budgets on cybersecurity have remained stagnant and executive teams continue to underestimate the level of damage threats can do to organisations, revealed the survey by global cybersecurity firm Sophos. The survey identified that in India, the executives assume that their organisation will never get attacked. This was followed by the assumption that even though their organisation may be compromised, there is nothing they can do to stop it.