Indian IT Industry Leaders Feel Security is a Missing Component in Their Organisations Data Policy

A recent study conducted by US-based data security firm Rubrik reveals that nearly half (49%) of Indian IT industry leaders feel that security is a missing component in their organization's data policy. This startling finding highlights the significant data security challenges faced by Indian businesses in the face of evolving cyber threats.

Global Data Loss and Cyber Risks

The report paints a stark picture of the global data security landscape, indicating that approximately one in every two organizations surveyed experienced a loss of sensitive data within the past year. This alarming statistic underscores the urgent need for businesses to prioritize data protection measures.

Rubrik Data Security Report Findings

Rubrik's research, titled "The State of Data Security: The Journey to Secure an Uncertain Future," provides insights into the growing problem of cyber risks and the challenges organizations face in securing their data across expanding attack surfaces. The report is based on a survey of over 1,600 IT and security decision-makers from companies with 500 or more employees across the US, UK, France, Germany, Italy, the Netherlands, Japan, Australia, Singapore, and India.

Indian IT Industry's Perspective

In India, the Rubrik Data Security Report reveals that 49% of IT leaders perceive security as a missing component in their organization's data policy. Furthermore, 30% of Indian respondents consider their organization to be at high risk of experiencing a material loss of sensitive data within the next 12 months. These findings indicate a significant concern among Indian IT leaders regarding data security.

Cybercriminal Activities and Data Security

According to the report, 54% of Indian IT leaders identify malicious cybercriminal activities as the greatest risk to their organization's data. This highlights the growing threat posed by cybercriminals, emphasizing the need for robust cybersecurity measures to protect sensitive data.

Data Management and Risk Assessment

The survey also reveals that 34% of Indian IT leaders believe their ability to manage risk to data security has not kept pace with their growth in data. This indicates a potential gap in data management strategies, leaving organizations vulnerable to data breaches and other security incidents.

AI Adoption and Data Security

Interestingly, 54% of Indian companies believe that the adoption of Artificial Intelligence (AI) will positively impact their ability to secure sensitive data. However, 24% foresee no impact from AI adoption on data security. This divergence in perspectives suggests that the role of AI in enhancing data security is still being evaluated by Indian businesses.

Importance of Data Resilience

Steven Stone, Head of Rubrik Zero Labs, emphasizes the criticality of addressing data proliferation and its potential impact on businesses. He stresses the need for organizations to have clear visibility into their data to secure it effectively and implement a robust cyber resilience plan to ensure business continuity.

Wake-up Call for Indian IT Leaders

Abhilash Purushothaman, Vice President & General Manager of Rubrik Asia, views the report as a wake-up call for Indian IT leaders. He underscores the vital importance of data resilience and data security in today's hyper-distributed environment, particularly in light of the escalating risks posed by sophisticated ransomware attacks.

The Rubrik Data Security Report sheds light on the significant data security challenges faced by the Indian IT industry. The findings underscore the need for organizations to prioritize data protection measures, enhance risk management strategies, and embrace emerging technologies like AI to safeguard their sensitive data. By addressing these challenges head-on, Indian businesses can strengthen their data security posture and mitigate the risks associated with cyber threats.