Indian businesses face nearly 700 ransomware attacks per day, Kaspersky

Organizations in India continue to face an increase in ransomware attacks in 2024. Latest finding from Kaspersky shows that businesses here faced 665 ransomware attempts on a daily basis, on average.

Ransomware, as the name suggests, is malicious software designed to block access to a computer system or encrypt its data until a sum of money (a ransom) is paid. These attacks have been carried out on both individuals and corporations.

Overall, Kaspersky solutions used in businesses in India detected and blocked a total of 243,548 ransomware attacks between January to December last year. 

“Ransomware groups targeting organizations in India know no sector. From small banks to the most critical state infrastructure, history shows us that India is facing a relentless surge in ransomware attacks aimed at businesses, banks, and public services. Institutions and companies are now under increasing pressure to implement far stronger defenses to protect their critical ...