India worst hit by public Cloud security incidents: Survey.

India is yet to enforce a data protection law.

Mumbai: Public Cloud security incidents hit India the hardest in the last year with 93 per cent of the country’s organisations experiencing such an issue, said a survey of 26 nations by cybersecurity company Sophos on Monday.

The cybersecurity incidents that Indian organisations suffered most included ransomware (53 per cent) and other malware (49 per cent), exposed data (49 per cent), compromised accounts (48 per cent), and crypto-jacking (36 per cent), said the report titled “The State of Cloud Security 2020.”

What is Crypto-Jacking?

Cryptojacking is the unauthorized use of someone else’s computer to mine cryptocurrency. Hackers do this by either getting the victim to click on a malicious link in an email that loads crypto mining code on the computer or by infecting a website or online ad with JavaScript code that auto-executes once loaded in the victim’s browser.

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Europeans suffered the lowest percentage of security incidents in the Cloud, an indicator that compliance with General Data Protection Regulation (GDPR) guidelines are helping to protect organisations from being compromised.

India is yet to enforce a data protection law.

“Ransomware, not surprisingly, is one of the most widely reported cybercrimes in the public Cloud,” Chester Wisniewski, Principal Research Scientist at Sophos said in a statement.

“The recent increase in remote working provides extra motivation to disable Cloud infrastructure that is being relied on more than ever, so it’s worrisome that many organisations still don’t understand their responsibility in securing Cloud data and workloads,” Wisniewski said.

“Cloud security is a shared responsibility, and organisations need to carefully manage and monitor Cloud environments to stay one step ahead of determined attackers.”

Accidental exposure continues to plague organisations, with misconfigurations exploited in 44 per cent of reported attacks on Indian organisations.

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Additionally, more than 55 per cent Indian businesses reported that cybercriminals gained access through stolen Cloud provider account credentials, said the report.

Despite this, only 29 per cent said managing access to Cloud accounts is a top area of concern.

With 76 per cent organisations using the public Cloud, detection and response are leading Cloud security concern for Indian IT managers while data security remains a top concern globally for businesses.

The report is based on an independent survey involving more than 3,500 IT managers across 26 countries in Europe, the Americas, Asia Pacific, the Middle East, and Africa that currently host data and workloads in the public Cloud. India worst hit by public Cloud security incidents: Survey.

 

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