Even as the threat landscape for cyber-attacks is expanding on a rapid scale, about one-third organisations in India have no real-time insight on cyber-risks necessary to combat these threats, a survey by global consultancy firm EY has found. According to the EY Global Information Security survey, companies are lacking agility, budget and skills to mitigate known vulnerabilities and successfully prepare for and address cyber-security.
About 32.14 percent of the respondents in India said their organisation’s total information security budget will stay approximately the same in the coming 12 months despite increasing threats. More than half (54.55 percent) of the respondents said they are facing rising threats and 50.91 percent said they are facing rising vulnerabilities in their information security environment. About 60 organisations from India were a part of this year’s survey, which saw participation from about 1,825 organisations globally across 60 countries.