Main concern for me is banks.In the past two years, 51 per cent of Indian organisations surveyed experienced a data breach and 56 per cent experienced a cyber security incident, revealed the study conducted by US-based Ponemon Institute on behalf of IBM Security.
Of the organisations that do have a CSIRP in place, 57 per cent do not test plans regularly or at all.
Only 23 per cent reported using automation significantly in their organisation, the findings showed.
"In India, Incident Response (IR) strategy is at a nascent stage and organisations are beginning to conceive this as an integral part of risk mitigation and resilience plan," said Vaidyanathan Iyer, Security Software Leader, IBM India/South Asia.
"Considering the lack of a well-developed and tested IR in an organisation's cyber resiliency strategy, enterprises need to evaluate and implement the right tools at the earliest," Iyer added.
The IBM-Ponemon study found that globally, 77 per cent of respondents indicated they do not have a cybersecurity incident response plan applied consistently across the enterprise.
.........And crime syndicates with connections working in bank IT departments.