63% businesses concerned about cyber threats

New Delhi, Oct 22 (IANS) Sixty-six per cent of business decision makers in India believe lack of security expertise is a challenge for their organisations, while 63 per cent of Indian businesses are concerned about being exposed to cyber threats due to employee errors, according to a new report on Tuesday.

“As the threat landscape evolves, businesses too need to advance their defence mechanisms with synchronised security solutions that are designed to strengthen their cyber security posture,” Sunil Sharma, Managing Director, Sales, Sophos India and SAARC, said in a statement.

According to the Future of Cybersecurity in Asia Pacific and Japan-Culture, Efficiency, Awareness report,

The success of an organisation’s cyber security investment lies not just in buying technology, but corporate culture, employee education and path-to-purchase also play critical roles, according to the Future of Cybersecurity in Asia Pacific and Japan-Culture, Efficiency, Awareness report.

“Cyber security is a shared responsibility. While IT teams must be proactive in their response to cyber threats, knowledgeable employees and leadership teams pave the way for organisations to better detect, protect and respond,” Sharma said.

Only 19 per cent of Indian organisations regularly make significant changes to their cyber security approach, and 38 per cent intend to make changes to security approach in the next 6-24 months.

In line with this approach, 79 per cent of Indian business decision makers would want to adopt deeply-integrated or synchronised security solutions that could detect, investigate and respond to cyber threats, it added.

According to global cyber security major Sophos, main triggers for security updates — beyond changes to overall security posture — are technology and product developments, compliance and regulation requirements, and growing awareness of new attacks.