India’s rapidly expanding digital economy has increased business efficiency while exposing organizations to more frequent and sophisticated cyber threats. Rapid digital adoption and cloud-first operations have improved business efficiency, yet organizations continue to face increasingly sophisticated cyber threats. Small and medium enterprises, in particular, remain vulnerable due to limited security infrastructure, evolving attack surfaces, and growing dependence on digital ecosystems.
In this episode of the Analytics Insight Podcast, Priya Dialani speaks with Rajesh Chhabra, General Manager Asia-Pacific Large Markets at Acronis, about the shifting scenario in cybersecurity. The topics discussed in the podcast include the impact of Artificial Intelligence in turning ransomware into industrial-level attacks. Excerpts from the interview:
The advent of AI technology has made large-scale ransomware deployment relatively easy and feasible. Some of the ways attackers have leveraged AI include reconnaissance, self-learning malware, advanced phishing, cover-up, and persistence.
SMEs have more resources than individuals but less security than organizations. The unprofessional acceptance procedures through emails or messages on WhatsApp, the immature level of security, and the lack of proper cloud configuration leave them highly susceptible and lucrative targets.
The NIST framework consists of six components: Governing, Identifying, Protecting, Detecting, Responding, and Recovering. These components assist companies in measuring their digital ecosystem, identifying access points, detecting threats, automating responses, and recovering from attacks.
90% of the attacks occur through email. Employees trained to recognize phishing schemes or malicious attachments will be responsible for stopping the largest number of attacks. It is important to convert employees from being a weak link to a solid defense system.
Acronis is a cyber protection corporation based in Singapore, established in 2003. It combines the unique features of data protection, cybersecurity, and endpoint management into a single ecosystem where all engines communicate with each other.
Listen to the full podcast here.