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Publication date: December 22, 2022

Cybersecurity Could Emerge as the Biggest Challenge in 2023

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Security risks for businesses have risen dramatically as companies go agile and expand hybrid working, prompting remodeling of their data security systems Over the next few years, advancements in technology will cause a substantial increase in IT investments within businesses across all sectors. It is estimated that by 2022, spending on digital transformation technologies will amount to a gargantuan $1.8 trillion. If the rapid growth is opening up new opportunities, it also has an added element of risk of doing business in the connected world. Cyber criminals are taking advantage of new and advanced methods to cause considerable damage to organisations’ reputation, which could potentially cause huge financial losses. For businesses, taking the right preventive steps and investing in security measures is just another part of doing business. India has been one of the most vulnerable countries to cyberattacks since the pandemic, as a staggering 68 percent of companies […]

Click here to view original article: economictimes.indiatimes.com

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