SME Times is powered by   
Search News
Just in:   • NDA show of strength: Nitish Kumar takes oath as Bihar CM for 10th time, PM Modi attends ceremony   • S. Korea to raise anti-dumping tariffs for 2 Chinese PET film companies  • Govt reviews RBI's proposal on opening foreign bank branches, Indian banks’ global expansion  • Sensex, Nifty end near record highs as financials lead rally  • Renewable energy share in India’s power mix likely to cross 35 pc by 2030 
Last updated: 16 Aug, 2024  

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

IT.jpg
   Top Stories
» Sensex, Nifty end near record highs as financials lead rally
» 26 e-commerce platforms declare compliance with self-audit to eliminate dark patterns: Govt
» Gold edges lower on stronger dollar, Fed minutes weigh on rate-cut hopes
» Financial inclusion, digital transformation are India’s big success stories: DFS Secretary
» Goyal to visit Israel for high-level trade talks, proposed FTA review on agenda
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
₹88.70
₹87
UK Pound
₹119.90
₹116
Euro
₹104.25
₹100.65
Japanese Yen ₹59.20 ₹57.30
As on 30 Oct, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter