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Incidents of cyber security breach surge 117% in India: PwC

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The average number of information security incidents detected by respondents increased by 117 per cent over the previous year, up from 2,895 last year to 6,284 this year."

The increase in incidents of cybersecurity breach globally stood at just 39 per cent during the period under consideration (July 2014-June 2015).

The report said that companies in India are investing more to reduce cybersecurity risks and improve business performance as a 71 per cent increase in budget on cybersecurity were seen during the said period.

Moreover, an increasing number of organisations are now adopting cloud-based security models to manage cyber threats, the report said.

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