Data breach cost to Indian businesses 2023
In a 2023 survey on cybersecurity readiness, 28 percent of the surveyed senior business, tech, and security executives in India claimed the damage caused by cyberattacks within their organizations over the past three years was worth between one and nine million U.S. dollars. Meanwhile, only seven percent of respondents attested to not having experienced any data breaches over that period. The rate of cybercrime in India has increased dramatically over the past few years.