'The use of AI, especially genAI is only going to get worse, especially in an enterprise ecosystem.'
About 67 per cent of Indian organisations whose data was encrypted paid a ransom to get back their data-a slight increase on the previous year when 66 per cent paid a ransom. In fact, Indian entities were the most likely to pay a ransom of all countries surveyed: the global average was just under a third (32 per cent). These were the findings of the global survey 'The State of Ransomware 2021' conducted by cybersecurity firm Sophos. The survey findings further stated that the total cost of recovery from a ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021 globally.
According to a survey despite the intensity and magnitude of attacks, Indian businesses are still not prepared to defend themselves against determined attackers
While some of the banks mentioned in the report said they have not come across any such fake apps, others have started an inquiry and also informed the CERT-In -- the national nodal agency for responding to computer security incident.
US and China occupy the top two slots.
According to the survey by global IT security and data protection firm Sophos, criminals have increasingly focused attacks on users of social networking sites in last 12 months with an explosion in reports of spam and malware.
China has successfully pulled itself out of the list.
US contributes a whopping 42.53 per cent of the global spam.
The latest virus detected on the country's Internet network is so notorious and lethal that it acquires as many as 20 aliases or masks to infect and attack a vulnerable computer system which is low on security features.
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