Cryptocurrency Security Threats in India 🛡️
A multinational firm has identified cloud resources as the main targets for cyberattacks in India. The 2024 Thales Cloud Security Study surveyed nearly 3,000 IT and security professionals across 18 countries and 37 industries to assess the latest cloud security threats and trends.
The Study Findings 📊
- Around 46% of Indian respondents reported that all corporate data stored in the cloud is sensitive.
- 37% of organizations in India have experienced a cloud data breach, with 14% occurring in the past year.
- 35% of Indian organizations prioritize digital sovereignty initiatives for cloud security.
- Nearly half of global organizations find it challenging to manage compliance and privacy in the cloud compared to on-premises systems.
Root Causes of Breaches 🔍
According to the study:
- Human error and misconfigurations account for 34% of breaches.
- Exploiting previously unknown vulnerabilities is responsible for 32% of breaches.
- Exploiting known vulnerabilities contributes to 21% of breaches.
- Failure to use multi-factor authentication leads to 11% of breaches.
Cloud Security Priorities in India 🇮🇳
The study highlights the following:
- Cloud storage, SaaS applications, and Cloud Management Infrastructure are the primary targets for cyberattacks in India.
- Protecting cloud environments is now the top security priority for organizations globally.
Hot Take: Stay Vigilant and Prioritize Cloud Security 🚨
As the use of cloud technology continues to grow, it’s crucial for organizations to prioritize the security of their cloud resources. By staying vigilant, implementing robust security measures, and addressing vulnerabilities promptly, you can safeguard your cryptocurrency assets and data from cyber threats.
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