10x surge in cyber attacks in 2023

New Delhi: Indian websites and applications witnessed over 5.14 billion cyber attacks last year, especially targeting the healthcare sector, a new report revealed on Thursday.

With a 10 times increase in attacks, software-as-a-service (SaaS) companies in India emerged as key targets for cybercriminals due to the high-value customer data they store, according to the report by Indusface, a TCGF II (Tata Capital) funded application security company. The retail and e-commerce industries were mostly targets of carding attacks.

Other industries analysed, include IT services and consulting, manufacturing, telecommunications, marketing, and advertising.