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After a year into the pandemic-driven remote working, 40 per cent of Indian businesses reported an increase in the cyber attack volume, severity and/or scope of cyber attacks in the last 12 months in comparison to the global figure of 47 per cent, a new report has showed. While 38 per cent of respondents from India continue to be very concerned about the security risks while working remotely, globally, this figure stands at 39 per cent, according to '2021 Thales Global Data Threat Report', a commissioned study conducted by 451 Research, part of S&P Global Market Intelligence.

Despite being over a year into remote working and the possibility of a likely shift to hybrid working models, security remains a key concern for the Indian businesses, the report said, adding that managing security risks is undoubtedly getting more challenging in the country. "Many organisations experienced heightened security challenges over the last year and with the increasing number of ransomware attacks, organisations are now facing a double extortion threat," said Ashish Saraf, VP and Country Director - India, Thales. "Not only could they be locked out of their critical IT and OT systems but also have their sensitive data released on the Internet," he added.

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