India’s Cyberattack Avalanche: Are Businesses Ready for the Digital Tsunami?
Cyberattacks in India are skyrocketing, doubling year-over-year and outpacing the global average. With nearly 1.2 billion attacks in Q3 2024, companies are scrambling to prioritize cybersecurity. Even novice hackers are exploiting vulnerabilities thanks to AI tools, pushing Indian executives to rethink their digital defenses.
Hot Take:
Well, it seems cybercriminals have found their new favorite vacation spot: India! With a whopping 1.2 billion cyberattacks in just one quarter, it’s no wonder the Indian IT folks are brushing up their cybersecurity skills faster than you can say “bot-based denial-of-service.” And with the rise of large language models like ChatGPT lowering the barrier for entry, even your grandma might accidentally become a hacker. Looks like it’s time for Indian companies to prioritize cybersecurity over chai breaks!
Key Points:
- India experienced nearly 1.2 billion cyberattacks in Q3 2024, twice as many as the previous year.
- Denial-of-service and bot-based attacks on APIs and websites were prevalent.
- Large language models have lowered the barrier for executing vulnerability attacks.
- Banking, utilities, and energy sectors are prime targets for these attacks.
- Many Indian companies are slow to patch vulnerabilities, increasing risk exposure.