‘Data breaches cost Indian firms ₹165 mn on an average’
The Hindu
Data breaches cost companies in India about ₹165 million on an average, according to a new report by IBM Security and Ponemon Institute. This is an increase of 17.85% from ₹140 million in the last rep
Data breaches cost companies in India about ₹165 million on an average, according to a new report by IBM Security and Ponemon Institute. This is an increase of 17.85% from ₹140 million in the last report released in 2020. The global ‘Cost of a Data Breach Report’, which surveyed more than 500 companies worldwide between May 2020 and March 2021, found that data breaches cost surveyed companies $4.24 million per incident on average – the highest cost in the 17-year history of the report. “The rapid shift to remote work witnessed a tremendous disruption of security programs. Organisations were focussed on getting online and security became an afterthought. India witnessed a record high in data breach during the pandemic, leading to many organisations evaluating their security posture,” said Prashant Bhatkal, Security Software Sales Leader, IBM Technology Sales, India/South Asia.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.
Suzlon announces three new AI-enabled smart blade factories, expanding its manufacturing footprint to 20 facilities in India.
Odisha Government terminates Silicon Tech Lab's empanelment for involvement in a recruitment scam and service agreement violations.
Worli, Mumbai, dominates India’s ultra-luxury apartment market, accounting for 40% of transactions worth ₹5,500 crore in two years.
IndiGo faces disruptions due to a hiring freeze, prompting pilots' body to urge regulatory intervention for safe operations.
Nvidia CEO Jensen Huang met separately with U.S. President Donald Trump and Republican senators Wednesday
Rupee falls to 90.43 against the dollar amid RBI's restrained intervention and high importer demand, causing market concerns.
Meta’s poaching of Apple's Alan Dye underscores its push to expand consumer hardware beyond its smart glasses