India’s Businesses Under Huge Cyber Threats, Kaspersky Reported

Indian businesses are being warned about the looming threat of ransomware attacks by cybersecurity experts. These attacks not only jeopardize company data but also pose a serious risk to user information. To address this urgent issue, experts stress the importance of promptly implementing advanced threat intelligence and industrial cybersecurity solutions. 

Kaspersky, a prominent cybersecurity firm, sheds light on the severity of the situation through their research findings. They indicate that ransomware attacks expected in 2024 could result in significant financial losses similar to those experienced in 2023. This underscores the vulnerability of both IT and operational systems within Indian companies, urging them to take proactive steps to defend against potential cyber threats. 

India’s vast user base and thriving enterprises have become prime targets for cybercriminals, as per insights from Kaspersky. The cybersecurity firm reveals that India consistently ranks among the top 12 targeted countries and territories for Advanced Persistent Threats (APTs) globally. 

Kaspersky’s data underscores ransomware as the predominant cyber threat in 2024. The company points out that the increasing adoption of digital platforms within Indian organizations has stretched the lo

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