AI headaches, compliance failings: Key data points for CISOs

There's a stark uptick in cyber threats, with ransomware taking the lead. But it's not all doom and gloom
ETCISO Desk
  • Updated On Mar 21, 2024 at 04:06 PM IST
Read by: 100 Industry Professionals
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The 2024 Thales Data Threat Report just dropped, and it’s a wake-up call for CISOs.

With nearly 3,000 IT and security pros weighing in from around the globe, the report spotlights a stark uptick in cyber threats, with ransomware taking the lead. But it's not all doom and gloom – there's a silver lining with emerging tech like AI offering new ways to fortify defenses.


The security scene's heating up


Imagine this: a whopping 93% of IT folks around the globe are now saying, "Yep, threats are getting nastier and more frequent." That's a big leap from last year. For India? 11% got hit by ransomware recently. But here's the kicker: only 2 out of 10 have a game plan for ransomware attacks, and some even ended up paying the cyberbullies. Only 20% have established ransomware response plans, and 10% ended up paying ransoms, highlighting a gap in preparedness.

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Compliance is your new best friend


A good 40% of Indian tech leaders flunked their compliance audit last year. Ouch. And nearly 1 in 5 found themselves dealing with a data breach. 19% suffered data breaches, reinforcing the need for strict compliance adherence. The lesson? Sticking to the rules isn't just about avoiding fines; it's key to locking down your data tight.

Data dilemma


Here's a puzzler: only about a third of Indian companies can confidently say they know what data they've got and how sensitive it is. Only 31% of organizations in India can fully classify their data. And 20%? They're pretty much in the dark. With the cloud getting cloudier and privacy laws doing the cha-cha, knowing your data inside out has never been more crucial.


The good, bad, AI


AI's on everyone's mind, stirring up a mix of excitement and anxiety. Over half the tech world's worried about what AI might unleash in terms of security headaches.

ArtAI is viewed as a substantial concern, with 57% of respondents globally wary of its security implications. This caution is essential as AI becomes more prevalent in various sectors.

But it's not all doom and gloom; there's a silver lining. The same tech that's causing worry beads to sweat could also turbocharge our cybersecurity. Think Generative AI – a good chunk of the tech world's eager to blend it into their security smoothies. the potential of Generative AI is recognized, with 22% of enterprises planning to integrate it into their security offerings in the coming year. This opens up avenues for innovation in cybersecurity measures.
  • Published On Mar 21, 2024 at 04:06 PM IST
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