India has emerged as one of the top five geographies in the world with the highest number of malware detections and online banking malware detections in the first half of 2023, according to a report by Trend Micro. The country accounts for 5.5 per cent of global malware detections, with 90,945 ransomware detected in the first half. Similarly, India ranked fourth globally in online banking malware detections, contributing to 8.2 per cent of all global threats. The country identified 5,609 online malware threats in the first half of 2023. India emerged as the third-ranked geography for the highest detections of risk events in the first half of 2023, after the United States and Brazil.

Meanwhile, the government sector faced 18,862 malware attacks, while the banking sector faced 15,514 malware attacks. The manufacturing, government, and banking industries were attacked more often with malware families such as COIMINER, MIMIKATZ, and POWLAD, posing significant risks. The report also stated that organisations must be proactive in anticipating threats and strengthening their defenses with a unified cybersecurity platform to stay ahead of the curve. Additionally, over 85 million threats were blocked globally in the first half of 2023, including 37 billion email threats and 46 billion malicious files. The banking, retail, and transportation industries were the most attacked globally.