New Delhi. Indian enterprises are vigorously pursuing the benefits of artificial intelligence (AI), with their financial commitment to it also on the rise. Nevertheless, just 39 percent of firms are equipped to tackle ransomware attacks. Cybersecurity firm ‘Sophos’ has published a report that draws attention to critical weaknesses in the cyber security arena.
The report stresses the pressing necessity for bolstering security protocols as entities confront swiftly escalating cyber threats, particularly those introduced by artificial intelligence (AI). The findings reveal that 70 percent of the Indian organizations surveyed have adopted 'cloud' security strategies, and over half are channeling resources into AI-enabled security solutions. Yet, a notable disparity persists in overall readiness. Only 49 percent have developed security maturity frameworks, and 44 percent reported compliance with security standards, according to the report.
Additionally, merely 39 percent are poised to confront a ransomware assault. It noted that while the Indian business landscape is integrating AI to improve operations, they also acknowledge its dual nature: first as a resource and secondly as a potential threat to security. 'Ransomware' is a type of software that 'encrypts' (transforms information into a code) files on any computer system and demands payment to 'decrypt' (remove the code).
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