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India ranks 2nd in global ransom payouts for cyberattacks: Survey

Indian organisations were worst hit by ransomware attacks among all Asia Pacific (APAC) nations during the pandemic, and globally, India Inc stood second when it came to ransom pay-outs and more than a third paid between $1 million — $2.5 million to hackers for such cyberattacks. 74% organisations in India suffered a ransomware attack this year compared to 67% of Australia’s companies 52% in Japan, and 46% in Singapore, a global survey by cybersecurity enterprise Crowdstrike found on Wednesday.

News source ~ Times of India