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CYBER ATTACKS ON SMES
Cybercriminals target SMEs as large companies beef up securityAttacks onsmall and medium enterprises (SMEs) (with 100-5,000 employees) have significantly risen in India and accounted for nearly half of...
How can Indian SMEs combat ransomware attacks?The average ransom soared to $1.54 million in 2023, nearly doubling from the previous year. Cybersecurity experts stress the urgent need fo...
State-sponsored cyberattacks against India up 278% in three yearsServices companies in India, including IT and BPO, saw the highest share of attacks between March 2021 and September 2023, according to Sin...
SMEs have to wake up to the need to make cybersecurity a top priorityCyber frauds are no longer limited to large companies as small businesses are increasingly becoming their target. It’s high time SMEs under...
India sees 31% surge in malware attacks in 2022: reportIndia experienced a 31% surge in malware attacks in 2022, which should prompt companies to intensify their efforts in safeguarding themselv...
India’s SME segment is going to be a driving force for India’s output, but tech penetration remains low to help it, says GoTo Inc’s CEO"Two trillion of India’s five trillion dollar economy ambition, 40% of the country’s output is going to come from the SMBs. The new workfor...
Cyberattacks surge amid accelerating pace of Covid-driven digitalisation: WEF studyThe WEF said the global digital economy surged on the back of the Covid-19 pandemic, but so has cybercrime and nearly 80% of cyber leaders ...
Digital trust is our prime focus for Indian SMEs: PayPalPayPal has come up with various initiatives to help Covid-battered MSMEs, including providing collateral-free loans up to Rs 1 crore.
Spike in data breaches sends firms scrambling for cybersecurity coverThe sum insured varies according to sector and region of operation, size of organization, size and type of data they store and the extent o...
SMEs emerge easy prey for cyber attacks as large firms beef up securityCybersecurity firm Cyfima recorded a 280% increase in cyber attacks directed at SMEs in the last 10 months.
Chennai records highest number of cyberattacks in India in Q4: K7 ComputingAmong Tier-I cities, Chennai, Bengaluru, Hyderabad and Kolkata recorded the highest rate of infections, while among the Tier-II cities, Pat...
Barclays Ventures backs Indo-Israeli SafeHouse Technologies in Rs 20 crore seed roundThe firm, which was in stealth mode since 2016, is now making its operations public and expanding in India.
Guarding the firewall: Ensuring cyber security for small businessesSmall and medium businesses, have been seeing rising incidences of cybercrime. In fact, 70 percent of cyberattacks occur at organizations w...
5 simple tips to keep your business secure from cyberattacksSeveral experts have cited the urgent need for SMEs to secure their online premises, however, many SMEs do not go beyond installing a basic...
Here's why India's small businesses are sitting ducks for cyber criminalsA survey conducted by ESET in the Asia Pacific region in 2016, found that Indian SMEs have been the most vulnerable to cyber attacks in the...
Indian companies unprepared for online frauds: DeloitteThe survey covers a total of 309 top executives from large (domestic and multinational) companies, SMEs, besides working professionals.
Bharat RE Insurance Brokers to offer specialised insurance protection for SMEsBharat RE is now also looking at the aspects of insurance to cover cyber crime, which is now a growing concern among the Indian entrepreneu...
India’s cyber-security budget 'woefully inadequate': ExpertsThe country has proposed to set up a national cyber coordination centre (NCCC) with a separate budget of Rs 1,000 crore.
- European insurers wake up to cyber protection market
In Germany, a total 64,000 acts of cyber crime were officially reported in 2012, representing around 42 million euros worth of damage.
- A home for the chat-terati
Websense, a leading player in web content filtering and online security, is launching its hosted email security solutions in India.