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A New Target For Cyber Criminals: India's SMEs

A recent study shows that 60% of India's SMEs experienced cyberattacks in the past year, with 45% leading to ransom payments.

<div class="paragraphs"><p>Photo by <a href="https://unsplash.com/@rangel?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash">David Rangel</a> on <a href="https://unsplash.com/photos/grayscale-photo-of-man-using-laptop-coding-4m7gmLNr3M0?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash">Unsplash</a></p></div>
Photo by David Rangel on Unsplash
Small and medium-sized enterprises are facing growing threat from cyberattacks, especially ransomware, due to limited resources and weak cybersecurity defences. A recent study by the India SME Forum shows that 60% of India's SMEs experienced cyberattacks in the past year, with 45% leading to ransom payments. Pankit Desai of cybersecurity firm Sequretek notes that many SMEs are unprepared for these threats, and while cyber insurance i...
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