Cyber breaches hit 92% of Indian firms in 2022: Fortinet report

Cyber breaches hit 92% of Indian firms in 2022: Fortinet report
Cyber breaches hit 92% of Indian firms in 2022: Fortinet report

Lack of cybersecurity professionals impacted defences of Indian enterprises, says report

Indian organisations face escalating cybersecurity risks due to skills shortage and 92% of them experienced cyber breaches in 2022, underlining the urgent need for cybersecurity skills training, according to a report by Fortinet.

The 2023 Global Cybersecurity Skills Gap report of Fortinet says an estimated 3.14 million professionals are needed to fill the global cybersecurity workforce gap. The report says that 24% of Indian organisations experienced five or more cyber breaches. One repercussion of this is that many short-staffed cybersecurity teams are burdened and strained as they try to keep up with thousands of daily threat alerts and attempt to manage disparate solutions to properly protect their organisation’s devices and data.

The report notes that nearly half 43% of organisations in India suffered cyber breaches in the past 12 months that cost more than $1 million to remediate, which is up from 38% of organisations compared to last year’s report. At the same time, 69% of Indian organisations expect the number of cyberattacks to increase over the next 12 months, further compounding the need to fill crucial cyber positions to help strengthen organisations’ security postures, as per reported by YourStory.

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