ARTICLE · 19 NOVEMBER 2024

Are India's Companies Ready To Tackle Data Breaches?

Saraf and Partners

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According to the Ministry of Electronics and Information Technology, India witnessed 13.91 lakh cyber security incidents in 2022 — that's about 4,000 per day

IndiaPrivacy

According to the Ministry of Electronics and Information Technology, India witnessed 13.91 lakh cyber security incidents in 2022 — that's about 4,000 per day!

Reports of personal data breaches and cyber security incidents adversely impacting thousands of people and businesses are frequent. A recent study reported 388 data breaches, 107 data leaks, 39 ransomware activities, and 59 cases of access sales or leaks in the first six months of 2024.

Last year, the Ministry of Electronics and Information Technology stated that India witnessed 13.91 lakh cyber security incidents in 2022, and 47 incidents of data leaks and 142 incidents of data breaches during the last five years. Discrepancies in numbers from different sources show that recorded instances are just the tip of the iceberg, as several remain undetected or are not officially reported.

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