India witnesses more than twofold increase in ransomware cyber-attacks in first half of 2023

  • While ransomware attacks globally decreased by 41%, they surged in India (up 133%) and Germany (52%) whereas cryptojacking increased by 399% globally.
  • The rise in cyberattacks endangers India’s economic ambitions, as sectors like manufacturing and pharmaceuticals that are digitalizing their operations become more vulnerable.
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