According to a report by McAfee Enterprise and FireEye, 77 per cent of Indian organisations experienced downtime due to cybersecurity risk during peak festive season in last 18 months. Further, almost 81 per cent of the global organisation experienced increased cyber threats during covid-19 pandemic.

As per the report, the top three most threatening cyber risks that were detected are malware attacks (47 per cent), data breaches (43 per cent) and ransomware and cloud jacking (33 per cent). Further, over 30 per cent of the IT professionals also experienced vulnerabilities in their Internet of Things (IoT) devices.

With the commencement of holiday and festive season in India, 91 per cent of the IT professionals anticipate a moderate or even substantial impact by increased demand for their products and services. To safeguard themselves against cyberattacks, most organisations have invested in cloud security (82 per cent), advanced threat protection (66 per cent), the security operations centre (54 per cent), mobile security (48 per cent) and endpoint security (48 per cent).

Further, as a security precaution, 69 per cent of the organisation are implementing new software solutions, 68 per cent are strengthening internal IT related communications, 62 per cent are increasing their software updates and 61 per cent of them are enhancing their employee training.