India ranked 2nd most targeted for ransomware in Asia Pacific with an 18% global increase in attacks from Apr 2023 to Apr 2024, primarily affecting the manufacturing sector.

India is the second most targeted country for ransomware in the Asia Pacific, with an 18% global increase in attacks from April 2023 to April 2024, primarily affecting the manufacturing sector. This trend reflects vulnerabilities in digital defenses and the rise of Ransomware-as-a-Service. Additionally, a surge in cyber litigation follows incidents, with class-action lawsuits spiking over 600% since 2021, prompting businesses to enhance cybersecurity measures.

October 14, 2024
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