Only 4% of Indian organizations are ready to tackle cybersecurity risks: Cisco

In its 2023 Cybersecurity Readiness Index, Cisco found that only four organizations in India have the “mature” level of readiness required to be resilient to modern cybersecurity risks. %.

According to the index, businesses today continue to be targeted by techniques ranging from phishing and ransomware to supply chain and social engineering attacks.

And while we are building defenses against these attacks, we are still struggling to defend against them, slowed down by our own overly complex security postures dominated by multi-point solutions. being observed.

With 82% of respondents saying a cybersecurity incident could disrupt their business within the next 12 to 24 months, preparedness is critical. Approximately 99% of companies are preparing to take action to address emerging cyber challenges and are also planning to increase their cybersecurity budgets in the next 12 months.

These data came from a survey of more than 8,000 private sector security and business leaders across 30 markets around the world, including India.

“At a time when we are witnessing an unprecedented proliferation of devices and an increase in AI-powered cyberattacks, organizations are not only increasing their investments in cybersecurity, but also adopting an integrated platform approach to support five key pillars. It is important to take steps to protect and reduce security readiness gaps,” said Samir Kumar Mishra, Security Business Director, Cisco India & SAARC. “AI is also at the forefront as part of an overall cybersecurity strategy to strengthen defenses against evolving threats, future-proof operations, and strengthen security resilience in a digital-first world.” We also need to ensure that it is integrated into the defence,” he added.