A newly released whitepaper by Veeam Software highlights the growing threat of ransomware to Indian businesses and offers strategic measures to bolster cybersecurity defenses. The report, titled Comprehensive Ransomware Mitigation Strategies for India, is part of Veeam’s ongoing initiative, the ‘Veeam Bharat Cyber Suraksha Campaign – Enabling a Resilient Bharat,’ aimed at supporting both public and private sectors in safeguarding their digital assets.
The whitepaper provides an in-depth analysis of the current ransomware landscape in India, emphasising the significant impact on various sectors, including IT services, finance, manufacturing, and critical infrastructure. The document underscores the importance of enhanced data protection and disaster recovery capabilities to ensure business continuity in the face of escalating cyber threats.
According to Sandeep Bhambure, Vice President and Managing Director of Veeam Software India & SAARC, India’s prominence in the global digital economy makes it a prime target for ransomware attacks. Bhambure stressed the necessity for organisations to implement robust data protection strategies, stating, “Backups are an organisation’s last line of defence while ensuring accessibility, availability, and, more importantly, business continuity and data integrity.”
The whitepaper, developed in line with guidelines from the Indian Computer Emergency Response Team (Cert-In), also addresses the rising trend of Ransomware-as-a-Service (RaaS), where cybercriminals rent out ransomware infrastructure to facilitate attacks. The report details key strategies to counter such threats, including phishing prevention, securing exposed applications, and protecting credentials.
Additionally, the document discusses the implications of the recently enacted Digital Personal Data Protection (DPDP) Act of 2023, which introduces stringent data protection measures for public and private entities in India. The whitepaper provides guidance on aligning cybersecurity efforts with the Act’s requirements, thereby enhancing India’s overall cyber resilience.
The release of this whitepaper coincides with the VeeamON Tour India 2024, a series of community events focusing on data recovery and cybersecurity, taking place in Bangalore, Delhi and Mumbai. Tech Observer Magazine is the media partner of the VeeamON Tour India 2024.
