Insta
Is India Cyber-Secure? Firms ‘Overconfident’ Of Their Systems In Place, Says Survey
Swarajya Staff
Oct 25, 2018, 10:52 AM | Updated 10:52 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Security managers at Indian firms are over-confident in their cyber-security measures despite steady growth in data breaches recently reports, Deccan Chronicle.
Eighty-Eight per cent of the executives are convinced that their firm is better prepared than other firms in their industry to deal with a cyber attack. It was also found that one in three organisations either have limited infrastructure to handle the cyber-threats or have no robust assessment program.
The findings were part of a survey conducted by research and consultancy firm Ovum. The survey was commissioned by the silicon valley firm FICO. “There is clearly a bit of a disconnect amongst security managers regarding where they sit in relation to the competition,” Country Manager (India), FICO Vishal Goyal told Deccan Chronicle.
Majority of Indian firms (56 per cent) felt that the level of cyber-threats and data breach activity will go up. Financial firms felt that the threats and data breach could go up by 80 per cent.
The survey was conducted through telephonic interviews with 500 senior executives, mostly from the IT function, in businesses from the UK, the US, Canada, Brazil, Mexico, Germany, India, Finland, Norway, Sweden and South Africa.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.