The number of daily smartphone users in India to reached over 673 million of this 2020 years.
But basically 95% of cybersecurity breaches are expected to arise due to human error only. Human-centric security continues to be a major concern and requires the people-centric solutions as well as the technology.
In the year of 2019, there are 4.3 billion estimated records were breached as the 34% of reported cybersecurity breaches involved internal act.
The report says that, in the every 14 seconds, a ransomware attack was carried out on the companies in 2019 while 71% of reported breaches were financially motivated.
Cyber attacks are on the rise condition day of days and it will continue to rise faster. It's not a matter of if but a matter of when. A framework-driven approach with continuous monitoring and it will help companies to mature their cybersecurity posture and address incidents proactively," said by Mr.Akshay Garkel, Partner, Cybersecurity & IT Risk Advisory, Grant Thornton India LLP.
According to the security breach report, cybersecurity incidents including cyber bullying have skyrocketed by more than six times from the last year and data analytics will be the most critical to predict crime patterns and it was going to reduce cybercrimes.
With the 5G and Internet of Things (IoT) devices arriving on the horizon, data speed will increase slightly but the speed of the cyber attacks also would also rise slightly, said a Grant Thornton report, That the "Threat actors are expected to deploy the advanced AI-led attacks to boost to the speed and it's impact of their campaigns. IoT will throw new challenges to data the security," said in the report.
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