Indian biz breached over 1,000 times in the past year

Summary:Businesses reported 1,000 breaches in the past year, which half of them blamed on the shortcomings of security technology, according to Juniper study.

BANGALORE--In the past year hackers have stolen data from Indian businesses on over 1,000 occassions, according to a study released Monday by the Ponemon Institute commissioned by Juniper Networks.
 
The report "Efficacy of emerging network security technologies: India," which surveyed 554 Indian businesses, also found they have a dim view of their security capability. Each respondent said that on average they were breached twice in the past 12 months.
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Indian firms blamed security technology shortcomings.

On a scale of one to ten, where ten was being "very effective", on average they gave themselves a score of 4.7.

Most of these businesses blamed their woes on poor emerging security networking technologies, such as intrusion prevention systems, virtual private networks, and application control.
  • 54 percent agreed said these technologies did not minimize DDOS attacks or Web app hacks.
  • 58 percent of alarms were false positives.
  • 53 percent said vendors lied about what the technology could achieve.
46 percent said blocking IP addresses was ineffective, raising concerns such a practice could also jeopardize their business. "The biggest concern is that its use will affect revenues," according to the report.

Topics: Security, India

About

Mahesh Sharma earned his pen licence in his homeland, where he covered the technology industry for ZDNet, SMH, Sky Business News, and The Australian--first as an FTE, and later as a freelancer. The latter fueled his passion for startups and empowered a unique perspective on entrepreneurs' passion to solve problems using technology. Armed... Full Bio

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