India's average data breach costs hit $2.18 mn in 2023, up 28% since 2020

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India's average data breach costs hit $2.

The RBI report further stated that digitalisation is also leading to the emergence of ‘invisible risks’ or ‘dark patterns’, where consumers are manipulated into making choices that are harmful to their interests.

Average cost of data breaches in India hits $2.

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Category: BusinessFinance

Markets: India

Topics: Verage cost of data breach in India Data breaches Cyberattack statistics Automotive sector cyber threats Phishing attacks Compromised credentials Digital payments complaints Global cybercrime impact Financial cybercrime costs Dark patterns in digitalisation Digitalisation risks CERT-In security incidents India data breaches cost RBI report BFSI sector protection Cyber security investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 16:04:21 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21822445

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 270 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #49

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