In an era dominated by digital advancements and technological reliance, cybersecurity has become increasingly crucial for nations across the globe. For India, a nation with a rapidly growing digital footprint, the question of cybersecurity readiness takes center stage. Recent reports indicate a concerning trend, with approximately 83 percent of Indian organizations experiencing cybersecurity incidents in 2023. These incidents, ranging from web attacks and phishing attempts to supply chain infiltrations, have not only posed significant threats but have also led to substantial financial losses, with 48 percent of organizations reporting 10 or more incidents resulting in million-dollar damages.
As businesses in India grapple with the relentless onslaught of cyber threats, the need for a robust cybersecurity infrastructure is more apparent than ever. According to the CISCO Cybersecurity Readiness Index, as of 2022, a mere 24 percent of firms and organizations in India have the necessary resources and capabilities to effectively address their cybersecurity issues. Meanwhile, more than 30 percent were still in the first stage of preparedness.
Current Cybersecurity Landscape in India
There has been a considerable disregard for cybersecurity in India, leading to challenges in fulfilling the growing needs of the nation. Malicious software such as Stuxnet, Flame, and Black Shades exacerbate India’s inadequate cybersecurity capabilities. India has a lower number of cybersecurity initiatives compared to other prosperous nations.
In India, many government projects remain simply hypothetical. The National Critical Information Infrastructure Protection Centre (NCIPC) and the National Cyber Coordination Centre (NCCC), while authorized, have not been fully implemented. Furthermore, India’s 2013 National Cyber Security Policy has failed ..
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