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The average cost of an organisation for a data breach has risen 13 per cent to Rs 22 crore in 2025 from Rs 19.5 crore in the year-ago period, according to a report released on Thursday. However, despite the surge in costs, the security in artificial intelligence is still lacking, the report by global tech major IBM said. Phishing, or the act of sending fraudulent communication to extract personal information, is the top attack vector, with the usage in 18 per cent of incidents, followed by third-party vendor and supply chain promises at 17 per cent, while vulnerability exploitations accounted for 13 per cent. The research sector in India faced the highest impact from data breaches, with average cost reaching Rs 28.9 crore, closely followed by the transportation industry at Rs 28.8 crore and the industrial sector at Rs 26.4 crore. Amid the widespread use of AI, it said nearly 60 per cent of the breached organisations either don't have an AI governance policy or are still developing
Consumers are worried about data breaches, and a large number of them are not aware of their rights related to personal data, according to a PwC India survey. The PwC Survey on Data Privacy offers vital insights from 3,233 consumers and 186 organisations across India, exploring the awareness and implementation gaps concerning the Digital Personal Data Protection Act (DPDPA), the consultancy firm said. As per the survey report titled 'How aware and prepared are Indian consumers and businesses to navigate the new era of digital privacy?? A survey of India's data privacy landscape', 42 per cent of consumers are not sure if they will continue using the services of a company post a data breach. "This rate is higher in Tier-1 cities at 46 per cent. Although 52 per cent of organisations are planning additional security controls around personal data, technology alone won't solve the compliance issue," PwC India said. The survey also showed that only 16 per cent of consumers are aware of