Indian SMBs lost upto ₹7 crore in cyber attacks in last 12 months: Cisco
The Hindu
Some 62% of SMBs said they incurred business losses of more than ₹3.5 crore while some 13% of respondents lost over ₹7 crore, because of cyber intrusions, in the last one year, said a study by Cisco
Small and medium businesses (SMBs) in the country who participated in a study said cyber attacks took away ₹3.5 crore to ₹7 crore of their revenues in the last 12 months.
Some 62% of SMBs said they incurred business losses of more than ₹3.5 crore while some 13% of respondents lost over ₹7 crore, because of cyber intrusions, in the last one year, said a study by Cisco on September 27.
Some 74% of domestic SMBs witnessed a cyber incident in the past year, resulting in 85% of them losing customer information to malicious actors, in addition to a tangible impact on business.
RBI Governor Shaktikanta Das admitted to hospital for monitoring, no official information available yet.
Fitch puts Adani Group bonds on watch for downgrade after U.S. bribery charges, impacting financial stability and investments.
Google is fighting to beat back another attack by the U.S. Department of Justice alleging monopolistic conduct in its ad tech.
Meta will face trial in April over the U.S. Federal Trade Commission’s allegations that the social media platform bought Instagram and WhatsApp to crush emerging competition.
HUL shareholders to receive shares in new ice cream business entity, subject to approvals, maximizing value for all.
Vedanta launches $500 million bond issue post-Adani crisis, with Citigroup, JPMorgan, Deutsche Bank declining to comment.
USFDA reports Dr Reddy's and Lupin Pharmaceuticals recalling products in the US due to manufacturing issues.
EPF inoperative accounts rise to ₹8,505.23 crore in 2023-24, EPFO to return funds to beneficiaries, awareness campaigns planned.
S&P Global Ratings revises India's economic growth forecast due to high interest rates and lower fiscal impulse.
Indraprastha Gas Ltd raises CNG prices in select cities, while MGL hikes rates in Mumbai post-elections.
Adani group stocks surge on BSE, NSE; clarifies on Kenya deals amid bribery charges, airport project cancellation.