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93% of Indian executives anticipate cyberbudget increase in 2025: report

Economic TimesEconomic Times Ā· 10h
93% of Indian executives anticipate cyberbudget increase in 2025: report

Indian organizations are increasing their investments in cybersecurity, with 93% of executives planning to increase their cybersecurity budgets in 2025. This comes as data breaches continue to be a concern, with one in three organizations reporting breaches costing over $1 million in the past three years. Cloud-related threats have emerged as the top risk, with 55% of executives highlighting it as a concern. However, many leaders feel unprepared to tackle these risks, with only 20% of organizations employing robust methodologies for quantifying cyber risks. Despite the challenges, organizations are increasingly investing in generative AI and AI governance to strengthen their cybersecurity strategies.

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