June 28, 2024 05:22:38 booked.net

73% of Indian businesses have fallen prey to ransomware; Kolkata, Bengaluru, and Chennai top the list

73% of Indian businesses have fallen prey to ransomware; Kolkata, Bengaluru, and Chennai top the list

The research also notes that Bengaluru, Kolkata, and Chennai saw the majority of these attacks. Mumbai and Delhi were also included.

The prevalence of ransomware has grown nationwide as a result of technological innovation. According to a recent report, 73% of Indian institutions reported that they have experienced such assaults in 2022. The research also notes that Bengaluru, Kolkata, and Chennai saw the majority of these attacks. Mumbai and Delhi were also included.

A poll was carried out in 14 countries, including India, between January and March by the cybersecurity firm Sophos.

Nearly three-quarters of Indian businesses claimed that they had fallen victim to ransomware perpetrators, according to Chester Wisniewski, field CTO of Sophos, and a lot of work needs to be done. The key to reducing this number is to actively reduce the time required to both notice and respond.

The top three cities for ransomware assaults were Bengaluru, Kolkata, and Chennai for no specific reason.

According to the research, in 35% of these attacks, hackers entered the system by taking advantage of flaws. To get access, these thieves used phishing, brute-force attacks, and fraudulent emails.

Notably, hackers encrypted the data of 77% of the organisations hit by these attacks, although data theft occurred in 38% of the cases.

Backups continue to be the most popular option for recovering data, being used by 73% of respondents. But 85% of Indian private sector businesses said the attack caused them to lose customers or revenue.