Thales Data Threat Report 2023

April 20, 2023

The Thales Data Threat Report 2023 is a comprehensive analysis of cybersecurity trends and threats. It has revealed some concerning findings about ransomware attacks and cloud data breaches in India and globally. The report highlights a significant increase in these attacks, indicating the need for businesses to implement robust security measures to protect their sensitive data.

Ransomware Attacks on the Rise

The report finds that ransomware attacks have seen a significant increase in India and worldwide. In India, more than half (52%) of IT professionals reported a surge in ransomware attacks in the past 12 months. This is higher than the global figure of 48 percent. This highlights the growing threat of ransomware attacks and the need for businesses to be prepared to mitigate such risks.

Main Targets for Cyber-Attacks

The report identifies cloud assets and Internet of Things (IoT) devices as the primary targets for cyber-attacks. In India, 53% of respondents claimed that their IoT devices were the top most targets, followed by cloud-based storage (41%) and cloud-delivered applications (SaaS) (40%). This indicates that businesses need to prioritize the security of their cloud assets and IoT devices to protect against cyber-attacks.

Human Error: Primary Cause of Cloud Data Breaches

Human error, misconfiguration, and other mistakes are found to be major causes of cloud data breaches. In India, 52% of respondents who suffered a data breach in the past 12 months cited human error as the main cause. Proper training, processes, and access management can prevent human error-related data breaches.

Data Loss from Ransomware Attacks Remains a Concern

Data loss from ransomware attacks remains a key concern for enterprises within India. A staggering 82 percent of Indian respondents reported data loss from ransomware attacks, compared to 67 percent globally. This highlights the need for robust backup and recovery strategies to mitigate the impact of ransomware attacks.

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