India continues to climb the cyber crime charts. According to the recently released 'State of Application Security Q4, 2022' Report by Indusface, which analysed 1,400 applications and blocked over 829 million cyberattacks in Q4 of 2022, about 59 per cent of the websites attacked were in India.
Indusface, a TCGF II (Tata Capital) funded firm, also reported that from a revenue perspective, mid-market companies with revenues between $10 million to $1 billion have been subjected to 45 per cent of the cyber attacks and only 21 per cent were large enterprises with over $1 billion in revenue. On the other hand,