Only 4% of companies in India ‘mature’ to tackle cyber threats: Study

Just 4 per cent of companies in India have a “mature” level of readiness needed to manage cybersecurity risks and 3 per cent are so prepared worldwide, said a report on Thursday.

As many as 37 per cent of companies in India are at the “progressive” stage, 52 per cent are “formative”, and 7 per cent are “beginners”, according to Cisco’s 2024 Cybersecurity Readiness Index.

The report comes at a time when companies are being targeted with a variety of techniques that range from phishing and ransomware to supply chain and social engineering attacks. While companies are building defences, they are slowed down by their own complex security systems that are dominated by multiple point solutions.