No country is safe from the threat of security breaches. Wherever there is a hole in the hull, a pirate is lurking in wait to exploit it. An article from The Times of India reports not just on how much is being fixed to patch holes, but on how much is being spent on IT in general.
All Hands on Deck
A survey by Dell reveals that 25.5 percent of Indian organizations' total spending is on IT. It further finds:
It also found that in the last 12 months, around 85% of organizations have increased spending in the education/training of employees; 75% of organizations have increased spending in completing security risk assessment and software on premise; 71% of organizations have increased spending on hardware and 65% of organizations have increased spending on creating a response plan.
The biggest security concerns, in order, are of losing critical business data, malware attacks on the network, and employees accidentally taking vital data outside of corporate networks. Over the last year, security breaches cost 32 percent of Indian organizations between $10,000-$100,000. Among businesses who experienced a breach, 27 percent claimed to be able to take immediate action, versus 26 percent who took between 1-4 hours, and another 20 percent who took upward of 24 hours.
To read more statistics, you can view the original article here: http://timesofindia.indiatimes.com/tech/it-services/32-of-Indian-organizations-spent-10000-100000-in-security-breaches-Report/articleshow/42901185.cms