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Indian firms vulnerable to cyber attacks: PwC report

 
A new survey report commissioned by PwC throws some extremely threatening insights about the security vulnerability status of majority of Indian companies. The report says that 

nearly 70 percent of Nifty 50 companies are vulnerable to hackers.
According to the report, out of the 50 companies studied, 34 (or 68 per cent) had identified vulnerabilities in at least one or more of their Internet-facing properties.

The findings are critical in an era where most of the companies are going digital and adopting new means of technology without extensive planning.
The PwC survey further said, 525 email addresses belonging to the 34 companies were compromised, meaning hackers had access to those email addresses.
Moreover, 200 IP addresses belonging to the 34 companies were blacklisted by various ISPs, implying that the ISPs found these IPs to be involved in spreading malicious traffic on the Internet, sending spam emails, or acting as a botnet in large cyber attacks, the report added.
Sectorwise, media and entertainment, automobiles, consumer goods and energy had the highest number of vulnerabilities.
According to the report, transgressions in Indian cyberspace have more than doubled over the past year to 6,284 incidents per respondent. The average number of attacks in India is fast catching up with the global average of 6,853 incidents per respondent.