According to a latest Ponemon Institute Research Report received by us, India is in an extremely critical condition as far as the cyber security architecture of private companies is to be trusted.
The study surveyed 545 IT and IT security practitioners in India with an average of 8 years’ experience in the field. In addition to the India, this research was also conducted in 14 other countries – United States, Canada, Australia, China, Hong Kong, Singapore, United Kingdom, Germany, France, Netherlands, Sweden, Italy, Mexico and Brazil.
As per the report, Sixty percent of respondents do not think their organization is protected from advanced cyber attacks and 64 percent doubt they can stop the ex filtration of confidential information.
Moreover, 77% of the IT professionals surveyed, confirmed that the current cyber security infrastructure has holes which has allowed cyber security threats to infiltrate through their systems.
43% professionals have confirmed that their company has experienced at least one substantial attack in the past one year. This comes at a time, when India’s IT sector is booming and India’s largest IT companies are experiencing turnovers worth billions.
A staggering 71% have confirmed that their company either doesn’t have the adequate intelligence in place or is unsure whether they were even attacked by a threat or not.
Another major outcome which has come out of this report, is that most board-level members haven’t yet understood the threat posed by cyber security attacks. Forty-six percent IT professionals surveyed, say their board-level executives have a sub-par understanding of security issues.
As per excerpts from the report, Thirty-two percent of those who had lost sensitive or confidential information did not know exactly what data had been stolen.
The complete report is shown below :
