Cybercriminals become more sophisticated, businesses face increasing threats from phishing, ransomware and identity theft. These attacks can significantly impact a company’s financial stability and reputation.
Organizations must understand and combat the risks surrounding cybersecurity and fraud and defend against cybercriminals. Now being technological advance have accelerated development in a variety of sectors and additionally significant challenges. Among these, one of the most pressing is the rise of cyberattacks.
As per Check Point Research, cyber threats have witnessed a surge of 30 per cent globally in 2024, with an average of 1,636 weekly attacks per business. Threat actors can now target organisations at any time and from anywhere in the world. This reality underscores the need for more than just human intervention to combat escalating cyber threats, leading to the integration of artificial intelligence (AI) in strengthening cybersecurity.
Hackers constantly innovate, seeking new techniques, while defenders must continually evolve and fortify their defenses, countering attacks & developing cutting-edge strategies to stay ahead.
Organizations are investing millions in cybersecurity solutions. Yet, many still find themselves vulnerable to cyberattacks. For small and medium-sized businesses (SMBs), the challenge is even greater. Limited resources, tight budgets, and fragmented processes make cybersecurity a daunting task.
Solution that empowers organizations to proactively counter cyber threats by providing real-time insights are in demand. Businesses of all sizes deserve access to top-tier cybersecurity solutions, regardless of budget constraints.
As cyber threats grow in sophistication, businesses need more than just advanced tools-they need a reliable partner who can navigate the complexity of modern cybersecurity.
Importance of SOC
Security Operations Center (SOC) services for real-time threat monitoring and incident response, Threat Intelligence (TI) to proactively identify and mitigate potential risks, Vulnerability Assessment and Penetration Testing (VAPT) to detect and address system vulnerabilities, and Compromise Assessment (CA) to assess and remediate security breaches.
India had more then 18 million cyberthreats and almost 200,000 daily threats in the first quarter of 2022. This emphasised the need for strong cybersecurity procedures. These hacking incidents have had a substantial financial impact on India. The average data breach cost is ₹17.5 crores, or around $2.2 million. Ransomware attacks, which target the healthcare industry, scammers, cloud security issues, and Internet of Things (IoT) vulnerabilities, are some of India’s main cyber threats. Other challenges to India’s cybersecurity include the rise of deepfake videos, bitcoin theft, and flaws in the software supply chain.
