77% of Indian organizations faced downtime due to cyber risk during the holiday season, Telecom News, ET Telecom

New Delhi: During the peak holiday season over the past 18 months, 77% of organizations in India have experienced downtime due to cybersecurity risk, while 81% of global organizations have experienced an increase in cyber threats during Covid-19, a new report revealed on Tuesday.

According to the McAfee Enterprise and FireEye report titled “Cybercrime in a Pandemic World: The Impact of Covid-19,” the top three most threatening cyber risks that have been detected are malware attacks (47%), data breaches (43%), ransomware and cloud jacking (33% each), over 30% of IT pros have also experienced vulnerabilities in their “Internet of Things” devices.

“Cyber ​​attacks tend to skyrocket in India during the holiday season, as we tend to spend more time online and let our guard down. Taking advantage of this, the bad actors are adopting newer techniques and sophisticated means. to target companies when they are most vulnerable, ”Venkat Krishnapur, vice president of engineering and general manager of McAfee Enterprise India said in a statement.

According to IT pros in India, the holidays were the most difficult peak times for cybercrime, while 52% indicated that the holidays such as Diwali, Ramadan, Christmas were the peak time ; 32% of them indicated public holidays and 12% of them summer vacations in schools and colleges.

During these peak periods, 91% of them find it even more difficult to maintain a fully staffed security / SOC team, because with the adoption of a hybrid working model, 59% of them expect half or more of their organization’s workforce to be remote in some capacity.

While the holiday and festive season in India has already started, 91% of IT professionals anticipate a moderate or even substantial impact from increased demand for their products and services. Most companies have invested in cloud security (82%), advanced threat protection (66%), security operations center (54%), mobile security (48%), and endpoint security ( 48%).

In addition, to take additional security measures, 69% of organizations are implementing new software solutions, 68% are strengthening internal IT-related communications, 62% are increasing their software updates and 61% of them intensify the training of their employees. .

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