Organisations in India are facing longer downtimes and higher financial costs from cyber security breaches compared with the global average, according to Cisco’s 2019 Asia Pacific CISO Benchmark Study. Longer downtimes often result in higher financial costs. According to the survey, 29% of companies in India are using more than 10 vendors compared with 33% globally, and 4% are using more than 50 vendors, compared with 3% globally. According to Vishak Raman, director, Security Business, Cisco India & SAARC: “Organizations in India have made significant improvements to their cyber security postures, in the last year. They have increased their security budgets, focused on training their workforce, and have started integrating their security infrastructure.

Source: Mint October 10, 2019 05:26 UTC