From a revenue perspective, mid-market companies with revenues between $10 million to $1 billion have been subjected to 45% of the cyberattacks and only 21% were large enterprises with over $1 billion in revenue
Indusface, a TCGF II (Tata Capital) funded security SaaS company, recently released its State of Application Security Q4, 2022 Report, which is the outcome of the analysis of more than 1,400 applications and over 829 million cyberattacks that Indusface AppTrana network blocked in the Q4, 2022, globally. 59% of the websites attacked are in India.
From a revenue perspective, mid-market companies with revenues between $10 million to $1 billion have been subjected to 45% of the cyberattacks and only 21% were large enterprises with over $1 billion in revenue. On the other hand, small businesses accounted for 34% of attacks, which implies that every business is at risk of such attacks, as per reported by YourStory.
Also read: Modern technologies can be intimidating
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