NEW DELHI: As digital engagement gets deeper and sophisticated in India, a significant number of companies and organisations in the country increasingly face the threat of cyber attacks, including ransomware attempts, according to US-headquartered data security and cloud data management company Rubrik.
The company said that a survey reveals that instances of cyber attacks remain high within India Inc., which leads to loss of data and business customers. “In India, 26% of respondents reported their organisations experienced over 100 attempted cyber attacks within the last year alone and 51% of companies suffered a loss of customers as a result of a cyber attack,” Bipul Sinha, co-founder & CEO of Rubrik said.
Sinha said that as dependence on data-heavy technology continues to expand, the susceptibility of this data to cybercrime grows in tandem. “It’s crucial that organizations pivot from trying to completely mitigate the risk of a cyber attack to focusing on minimizing the impact,” he said.
The nature of cyber attacks is getting sophisticated, necessitating more efforts to protect the data. “With the ever-growing sophistication of cybercrime, reducing the risk of a ransomware attack to zero has become a harrowing task. This ongoing evolution demands organizations to stay vigilant and ready for the inevitable instance of a cyber attack,” Sinha said.
Rubrik has come out with a ransomware recovery warranty in India for qualified customers.
Republished. Link to Original Article: https://timesofindia.indiatimes.com/business/india-business/as-digital-gets-stronger-india-inc-remains-susceptible-to-cyber-attacks-rubrik/articleshow/101967327.cms