40% of consumers in India stopped doing business with a company known to have compromised on cybersecurity, says new ISACA study

41% of consumers in India have also had personal information stolen

In recognition of Cybersecurity Awareness Month, ISACA recently released the results from its inaugural consumer cybersecurity research, which reveals a growing sense of hopelessness in consumers who think nothing can be done to protect them from cybercrime. The international study of more than 3,000 consumers across the UK, Australia, US and India, found that 41% consumers in India have had their personal information stolen by cyber criminals.

One in three respondents (36%) in India reported a significant increase in cybercrimes over the past 12 months, and nearly half (47%) do not think there is anything they can do or use to protect themselves from cybercrimes. However, interestingly, more than half (53%) believe they are very unlikely to be the victim of cybercrime. Worryingly for the companies in India that experienced a breach in security of their customers’ personal identifiable information (PII), 40% of consumers report having severed ties with a company known to have experienced a breach. Twenty-three percent are not confident a business can safely secure their personal identifiable information.

Though more than half of respondents in India (59%) are completely or very confident that businesses can secure consumers’ PII, the research indicates a significant number of consumers in India (78%) would be more confident doing business with companies that hire certified cybersecurity professionals. In addition, 74% of consumers surveyed believe companies should be independently graded on data security practices and the scores shared with the public.

R.V Raghu, ISACA Ambassador in India and past ISACA board director, added “A strong cybersecurity workforce with cutting-edge skills in new technologies can help companies avoid cyber-crimes and ensure the safety of their consumer data, and as a result, build digital trust. Hands-on training, credentials, networking and sharing best practices among the cybersecurity community globally can help cybersecurity professionals strengthen their skillsets and leverage the current demand to advance in their careers and also ensure they are keeping their enterprises—and the consumers they serve—protected.”

During Cybersecurity Awareness Month, ISACA is providing a 20% discount on its Cybersecurity Fundamentals Online Review Course with the code PRODCYBERMONTH22. To learn more, visit https://store.isaca.org/s/store#/store/browse/detail/a2S4w000004Koh6EAC.

For a complimentary copy of ISACA’s consumer cybersecurity research report and related content, visit www.isaca.org/cyber-month-2022.

Comments

Wearable Healthcare Devices pose a threat to human rights of old people: University of Essex study

Wearable healthcare devices, used to improve care, and the lives of old people, could be risking their basic human rights, according to new research report – ‘A Digital Cage is still a Cage’ – by UK-based University of Essex Many wearable healthcare technologies pose acute risks to the right to privacy, which is particularly serious given that these technologies are used in people’s homes, including in bedrooms and bathrooms Human Rights and privacy risks may increase as technologies become more sophisticated Researchers at UK-based University of Essex have warned that Digital technology used to improve care, and the lives, of old people could be risking their basic human rights. According to new research, although digital technologies can be used to improve social care, it can also adversely impact human rights and contribute to the segregation and isolation of old people. The report, ‘A Digital Cage is Still a Cage’, argues that emerging technologies used to mon

SAEINDIA sets agenda for the future of mobility, with the First ever Sustainable Multimodal Mobility Conference - SIIMC 2022

· SIIMC 2022 is the 10th Edition of the International Mobility Conference · The SAEINDIA International Mobility Conference (SIIMC 2022), will bring together the mobility ecosystem, with a phygital event to be held between Oct 12 and 14, 2022. · The conference will see participants presenting more than 180 papers and 543 abstracts on engineering innovations, focusing on promoting sustainable and multi-modal mobility in India and globally. · TechHive, a dedicated space for technology presentations and product demos/B2B stalls, will be the largest meeting point for mobility startups and investors, to converse and forge business partnerships . The country’s leading resource for mobility technology SAEINDIA (the Society of Automotive Engineers INDIA) , is back with the 10th edition of its flagship event SAEINDIA International Mobility Conference (SIIMC 2022), which is the first ever International Sustainable Multimodal Mobility Conference. The SIIMC 2022

First-ever Graduation Ceremony in India to be held by University of Essex

· UK’s University of Essex graduates and alumni from across India to attend first-ever Indian graduation ceremony. · Indian graduation ceremony in January 2023 to have all sense of occasion, excitement and fun which Essex graduation ceremonies are so well known for. · Open to all Indian alumni even if they attended their original ceremony in Colchester. UK’s University of Essex today announced that it will hold a special and first-ever graduation ceremony for its students in India. The prestigious ceremony will be held at the British High Commissioner's Residence in New Delhi and will be attended by recent graduates plus soon to graduate students, alumni, Essex Vice-Chancellor Professor Anthony Forster and the soon to be announced Indian Alumni of the Year. The first graduation ceremony is to be held in India, on 21 January 2023. Vice-Chancellor Professor Anthony Forster said: “I’m very much looking forward to sharing this unforgettable day with our

Chennai Plus

Search This Blog