SME Times is powered by   
Search News
Just in:   • India targets $100 billion textile exports by 2030-31: Giriraj Singh  • IEA countries to release 400 million barrels of oil to address global energy disruption  • Over 10 lakh standalone solar pumps installed, 13 lakh grid-connected pumps solarised  • India secures LPG, LNG supplies via alternative routes as domestic firms step up production  • Sensex, Nifty post moderate losses over Middle East conflict 
Last updated: 16 Aug, 2024  

IT.9.Thmb.jpg Human error remains top cause behind rising IT hacking incidents

IT.jpg
   Top Stories
» India targets $100 billion textile exports by 2030-31: Giriraj Singh
» Sensex, Nifty post moderate losses over Middle East conflict
» J&K govt amends building by-laws to boost ease of doing business
» FTAs opening new markets for pharma, healthcare, and medtech sectors: Piyush Goyal
» India moving towards an innovation-driven economy: PM Modi
IANS | 16 Aug, 2024

Human error remains a significant contributor as IT security incidents rise, with 15 per cent of respondents reporting frequent occurrences and an additional 35 per cent noting occasional lapses, a report said on Friday.

The report by CIO&Leader, in collaboration with research firm BM Nxt, indicates a growing recognition of the severe consequences of IT security incidents on business operations, data loss and financial performance.

High-impact ratings for business disruptions increased from 20 per cent to 24 per cent while data loss concerns surged, with high-impact ratings rising from 19 per cent to 23 per cent.

"The persistence of human error as a leading cause of security breaches highlights the urgent need for continuous training and awareness programs within organisations," said R Giridhar, Research Head at CIO&Leader.

While robust technological defences are crucial, empowering employees with the knowledge and skills to reduce risks is equally essential, he added.

The report said that although the frequency of human errors has decreased from 22 per cent in 2023 to 15 per cent in 2024, the rise in rare incidents from 24 per cent to 41 per cent signals that human error remains a persistent concern.

Malware incidents have remained steady, with 11 per cent of respondents experiencing them often and 37 per cent occasionally.

Social engineering attacks are also a significant threat, with 11 per cent reporting frequent occurrences and 27 per cent occasional.

“Phishing attacks are identified as the most severe threat, with 50 per cent of respondents rating them as highly severe, reflecting their prevalence and effectiveness,” said the report.

It added that majority of organisations are focusing on providing training for employees (69 per cent), while 20 per cent are planning to do it within six months and 7 per cent within 12 months.

The increasing reliance on platform vendors is a significant challenge, with 26 per cent of respondents rating it as a high concern and 35 per cent as a medium concern, the report noted.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹91.35
89.65
UK Pound
₹125.3
₹121.3
Euro
₹108.5
₹104.85
Japanese Yen ₹58.65 ₹56.8
As on 19 Feb, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter