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Cyber-security attacks: Organisations in India experiencing increased risk than a year before

While respondents indicate that nearly one of three enterprises are getting attacked more, the most frequent types of cyber-security attacks are similar to those faced in prior years

An increase in cyber-security attacks is being experienced by many organizations in India, with 32 per cent of respondents indicating they had experienced more cyber-security attacks than the year before, according to the State of Cyber-security 2021 Part 2 survey report from ISACA.

Including frequency and type of cyber-security attacks, confidence in cyber-security teams and cyber-security awareness initiatives, nuances related to security operations and reporting structure and cyber maturity as a business imperative, the report examines cyber threat landscape trends.

While respondents indicate that nearly one of three enterprises are getting attacked more, the most frequent types of cyber-security attacks are similar to those faced in prior years, including Social engineering, Advanced persistent threat (APT), Ransom-ware, Unpatched system, Injection flaws, Broken authentication, and Sensitive data exposure.

According to the report, 29 per cent of respondents say that cyber-security attacks are likely to hit their organization in the next year. The report also indicates that 34 per cent of the respondents feel organizations under-report cybercrime even if reporting is required.

While the report indicates that 74 per cent of respondents conduct cyber risk assessment to ensure regulatory compliance, 69 per cent also indicated that their organizations conduct cyber risk assessments to prevent data loss, demonstrating that many organizations recognize the importance of addressing this threat.

“With the increase in the number and rate of cyber-attacks worldwide, cyber-security professionals are facing a challenging threat landscape that requires constant vigilance”, says David Samuelson, ISACA CEO. “These survey findings illustrate just how essential it continues to be for the global cyber-security community to actively keep up to date with best practices and training, and ensure their teams are well staffed to detect and respond to attacks”.

When it comes to cyber-security teams and leadership, the report findings revealed a strong preference to having a CISO at the helm, with 61 per cent of respondents saying their cyber-security teams report to the CISO compared to 16 per cent reporting to the CIO. Additionally, 40 per cent of those answering the survey noted that they believe cyber-security training and awareness programs have had a positive impact on overall cyber-security awareness in their organizations.

Also readCIO News interviews Shri Wangki Lowang, Minister (IT) of Arunachal Pradesh

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CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics.

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khushbu Soni CIO News Mercadeo
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

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