Ransomware attacks have become an increasingly serious threat in India. In the first half of 2024, the number of such attacks increased by 24% compared to the previous year. This rise in cybercrime has significant implications for businesses and individuals alike.
The Data Protection Act of 2022 (DPDP Act) has introduced strict regulations for organizations handling personal data. This includes obligations to implement robust security measures to protect sensitive information from cyberattacks. Failure to comply with the DPDP Act can result in hefty penalties.
In light of the increasing ransomware threat and the stringent regulations imposed by the DPDP Act, organizations in India must prioritize cybersecurity. This includes staying updated on the latest cybersecurity best practices, conducting regular security audits, and investing in robust security solutions to safeguard their data and operations.