BENGALURU, Dec 18: The digital transformation
journey of Indian organisations is getting increasingly
hindered by cyberattacks, according to a study conducted by
cybersecurity company Forcepoint along with IT analyst firm
Frost & Sullivan.
The study revealed that 95 per cent of organisations
have embarked on a digital transformation journey.
However, 61 per cent of respondents shared that the
risk of cyberattacks is stalling their digitalisation
progress.
For those organisations that have begun executing
their digital transformation projects, 46 per cent of them
have encountered a security incident and 20 per cent of the
organisations didn’t conduct breach assessment regularly in
the last 12 months, it said.
In fact, only 18 per cent respondents thought about
cyber security at the early stages of the digital
transformation projects indicating the less mature approach
by organisations to involve cyber security when designing
digital transformation project, according to the study.
Seventy per cent of organisations think about cyber
security only at the latter stages of the projects, the study
revealed.
Kenny Yeo, Industry Principal, APAC ICT, Frost &
Sullivan, said incorporating behaviour modelling into IT
security architecture of organisations is certainly a way to
identify potential risks and fend off cyberattacks.
“Adopting a behaviour-centric security approach that
focuses on understanding users’ behaviour on the network and
within applications to identify behavioural anomalies can
mitigate cyberattacks before they happen,” said Alvin
Rodrigues, senior director and security strategist at
Forcepoint Asia Pacific.
The study highlighted that 76 per cent of businesses
in India have adopted cloud computing, but organisations that
have moved to the cloud are at higher risk with 47 per cent of
them having encountered significant security incident within
the span of 12 months.
One hundred respondent organisations across India
participated in the study.
Sixty-two per cent of the organisations are classified
under the large enterprise category with global annual
turnover of more than USD 250 million.
Majority of the respondents are from IT services & BPO
(37 per cent), followed by BFSI (27) and manufacturing sector
(19), it was stated. (PTI)
Follow our WhatsApp channel
