Highlighting a pressing vulnerability in India’s cybersecurity landscape, a recent report reveals that while Indian companies are embracing artificial intelligence (AI) and ramping up investments, only 39% are adequately prepared to withstand a prolonged ransomware attack.

Cybersecurity firm Sophos unveiled its Cybersecurity Playbook for Partners in Asia Pacific and Japan on Tuesday, underscoring the urgent need for stronger security measures amid the rise of sophisticated cyber threats, many amplified by AI.

The report found that 70% of Indian organisations have adopted cloud security strategies, and over half are investing in AI-powered security solutions. However, a significant gap persists in overall readiness to combat advanced threats.

While AI is viewed as a transformative tool to optimise operations, businesses acknowledge its dual role as both a critical asset and a potential security risk.

The study, conducted in July 2024, surveyed 900 companies across India, Australia, Japan, Malaysia, the Philippines, and Singapore, including 200 from India. Notably, only 5% of Indian organisations rely on a single security vendor, with 71% using three or more to meet their cybersecurity needs. This trend towards multi-vendor setups is expected to grow as businesses seek more flexible, specialised solutions.