Wednesday, August 5, 2020
Home India Report Confirms Lack of Adequate Cyber Security in Most Firms of India

Report Confirms Lack of Adequate Cyber Security in Most Firms of India

Although, many organisations think about importance of emerging technologies in optimising cyber security, investments in them are not increasing, it added

Cyber security operations at most companies in India are inadequate and do not meet the security needs, a report by Ernst & Young said, here on Thursday.

The ‘EY Global Information Security Survey 2018-19 – India Edition’ suggested that companies should invest in analytical capabilities as they would enhance threat detection and improve awareness in company board rooms.

“Most organisations have cyber security functions that do not fully meet their needs; more than half of the organisations are investing in analytical capabilities as a first step,” it said.

Investments are required in identity and access management and reporting function. For many organisations, forensics are a potential green field, it said.

Cyber attack has effected millions of people globally. Wikimedia Commons
Cyber attack has effected millions of people globally. Wikimedia Commons

The EY report noted that it might be difficult to quickly build up forensic capabilities in-house and companies should get in third-party vendors with the required capabilities.

The report also said strategic oversight regarding cyber security issues needs improvement. “The executive management in five of the 10 organisations has limited or no understanding of cyber security,” it said.

Also Read- Amazon Launches ‘Amazon Pay UPI’ For Android Users in India

The threats related to the use of smartphones, the Internet of Things (IoT) and operational technology are not yet understood well and only a small number of organisations identify them as high risk areas, the survey said.

Although many organisations think about importance of emerging technologies in optimising cyber security, investments in them are not increasing, it added. (IANS)

STAY CONNECTED

18,963FansLike
362FollowersFollow
1,783FollowersFollow

Most Popular

Understand the Meaning of All Symbols of Lord Shiva

Mahadev or Lord Shiva is one of the most complex deity of Hindus. He is the Destroyer and the Transformer. He is the Auspicious...

5 Stylish Nespresso Pod Holders for a Classy Kitchen Look

Now that nespresso capsules come in handy, you can store them in to your kitchen. This is the best way to easily get one...

Varun Dhawan Expresses Loneliness on Social Media

Actor Varun Dhawan has been in a lonely mood this Monday. He took to Instagram to share a picture from one of his photo shoots....

Sachin Tendulkar Lends Support to a Cause Dedicated to Help Slum Dwellers

Legendary Indian batsman Sachin Tendulkar recently came forward to support a cause dedicated to ensure that essentials duly reached slum dwellers during the COVID-19...

Childhood Trauma Linked to Faster Ageing

Children who suffer trauma from abuse or violence early in life show biological signs of ageing faster than children who have never experienced adversity,...

Old Branch of Immune System May Influence Covid-19 Severity

One of the immune system's oldest branches, called complement, may be influencing the severity of Covid-19 disease, say researchers. The study, published in the journal...

Experts’ Advice: Be Careful of Fake Anti-Covid Drug Ads

By Bharat Upadhyay With India crossing 18 lakh cases in seven months, fake drugs to fight the coronavirus abound in the market, their advertisements cover...

US Virologists Report Possible Therapeutic Treatment for SARS-CoV-2

As the world scrambles to find a cure for the novel coronavirus, virologists in the US have reported a possible therapeutic treatment for SARS-CoV-2,...

Recent Comments