76% Indian businesses hit by cyber attacks: Survey

   

13 Mar 2019

76% Indian businesses hit by cyber attacks: Survey

  • 97% IT managers admitted that security expertise is one of the greatest issues in India
  • IT managers are more likely to catch cyber criminals on their organization’s servers and networks than anywhere else, says the survey

Cybersecurity continues to be a major issue in India with 76% organizations hit by online attacks in the last year, as compared to 68% incidents across the globe, reveals a new global survey from security firm Sophos.

The survey, '7 Uncomfortable Truths of Endpoint Security', released on Wednesday reveals that IT managers are more likely to catch cyber criminals on their organization’s servers and networks than anywhere else.

In fact, IT managers discovered 39% of their most significant cyber attacks on their organization’s servers, and 35% on its networks. Only about 8% were discovered on endpoints and about 19%, which is almost double the global average, were found on mobile devices.

In other key findings, 97% IT managers admitted that security expertise is one of the greatest issues in India, and while 92% Indian IT managers wish they had a stronger team in place to properly detect, investigate and respond to security incidents, 89% believe cyber security recruitment is a challenge.

14% of IT managers who were victim to one or more cyber attacks last year can’t pinpoint how the attackers gained entry, and 17% don’t know how long the threat was in the environment before it was detected, according to the survey. To improve this lack of visibility, IT managers need endpoint detection and response (EDR) technology that exposes threat starting points and the digital footprints of attackers moving laterally through a network.

The report found that on an average, Indian organizations that investigate one or more potential security incidents each month spend 48 days a year (four days a month) investigating them. It comes as no surprise that IT managers ranked identification of suspicious events (22%), alert management (19%), and prioritization of suspicious events (13%) as the top three features they need from EDR solutions to reduce the time taken to identify and respond to security alerts.

The survey polled more than 3,100 IT decision makers from mid-sized businesses in 12 countries including the US, Canada, Mexico, Colombia, Brazil, UK, France, Germany, Australia, Japan, India, and South Africa.

 

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