Indian business leaders are ramping up cybersecurity budgets amid rising digital threats and regulations.

Nearly 93% of Indian business leaders expect to increase their cybersecurity budgets next year, with 17% planning a hike of 15% or more. Data protection and remediation are the top priorities for 42% of leaders. Cybersecurity is the main risk mitigation focus for 61% of executives, ahead of digital risks, inflation, and environmental issues. Despite cloud threats being a major concern for 55%, half feel unprepared to handle them. Regulations have driven 74% to bolster their cybersecurity measures.

November 21, 2024
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