67% of Indian Government and Key Services Were Subjected to More than 50% Cyberattacks in the Previous Year, According to a Report

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67% of Indian Government and Key Services Were Subjected to More than 50% Cyberattacks in the Previous Year, According to a Report
[Representational Image] 67% of Indian Government and Key Services Were Subjected to More than 50% Cyberattacks in the Previous Year, According to a Report
67% of Indian government and key services were subjected to more than 50% cyberattacks in the previous year, according to a report.

According to Palo Alto Networks analysts, over 50% of Indian firms experienced an increase in disruptive assaults, the most in the Asia-Pacific region (APAC).

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According to a recent analysis released on Thursday, disruptive cyberattacks increased by more than 50% in 2022-2023 for approximately 67% of Indian government and key services.

According to Palo Alto Networks analysts, over 50% of Indian firms experienced an increase in disruptive assaults, the most in the Asia-Pacific region (APAC).

The researchers polled 200 Indian IT decision-makers, CTOs, CIOs, and Senior Directors from industries like Banking & Finance, Essential Services, Telco/Tech/Communications, Retail/Hotel/F&B, Transport & Logistics, and Manufacturing.

“Our findings show that advanced attacks have disproportionately impacted the transpiration, manufacturing, and public sectors.” “As India embraces digital transformation, it is critical to have a cyber security-first approach,” said Anil Valluri, Palo alto Networks’ Managing Director and Regional Vice President of India & SAARC.

Despite a 75% increase in cybersecurity budget allocation for 2023 over the previous year, India witnessed the largest amount of disruptive cyberattacks, according to the research.

Furthermore, the report stated that malware (ransomware, spyware, adware) attacks are the most concerning to 60% of Indian organizations, while ransomware is the most concerning to 57% of Indian telcos.

Approximately 94% of organizations carried out regular evaluations and forensics for OT-related cybersecurity events.

“While budgets may be growing, it is critical to use these resources wisely.” “To secure distributed enterprise networks, enterprises of all sizes must proactively adopt a Zero Trust architecture,” Valluri added.

According to the report, 68% of respondents believe ChatGPT will improve business tasks such as content production and report generating.

Approximately 42% of Indian organizations stated they are modifying their cybersecurity strategy to incorporate cloud security, while 94% claimed they have a 5G strategy in place.


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