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Home » 86% of Indian Firms Paid Ransom After Cyberattacks, Finds Survey

86% of Indian Firms Paid Ransom After Cyberattacks, Finds Survey

April 26, 2025
in America, News
Reading Time: 3 mins read
86% of Indian Firms Paid Ransom After Cyberattacks, Finds Survey

86% of Indian Firms Paid Ransom After Cyberattacks, Finds Survey

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A new survey by Rubrik Zero Labs reveals alarming statistics about the state of cybersecurity in India. About 86% of Indian organizations hit by cyberattacks over the past year ended up paying the attackers either to recover their data or to stop the attack.

The study, titled “The State of Data Security in 2025: A Distributed Crisis,“ was based on insights from more than 1,600 IT and security leaders across 10 countries — including the US, UK, France, Germany, Italy, Netherlands, Japan, Australia, Singapore, and India. From India alone, 125 IT leaders participated in the survey conducted by Wakefield Research.

Key Findings for Indian Organizations

  • 86% of Indian organizations admitted they paid ransoms specifically due to data extortion threats.
  • 35% reported that cyber attackers successfully affected their backup and recovery systems, making it harder to restore operations.
  • As a consequence of these attacks:
    • 40% suffered financial losses,
    • 37% experienced reputational damage and loss of customer trust,
    • 33% faced a forced leadership change following the incident.

These findings show that cyberattacks not only have technical impacts but can deeply affect a company’s financial health and leadership stability.

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Challenges in Managing Data Across Environments

The report also highlights that 92% of Indian companies store their sensitive data across 2-3 different environments — such as on-premises, cloud, or SaaS platforms. 35% of Indian respondents said one of the biggest challenges they face is securing sensitive data across multiple environments. This complexity is creating major vulnerabilities that cybercriminals are increasingly exploiting.

The Rubrik report also found that 90% of IT and security leaders worldwide reported experiencing cyberattacks in the past year. It warns of a growing cloud security crisis, driven by the challenges of securing hybrid environments, for which many organizations are still unprepared.

Experts Call for Urgent Action

Joe Hladik, Head of Rubrik Zero Labs, emphasized the urgent need for proactive security. He said:

“The persistence of ransomware attacks, coupled with the exploitation of hybrid cloud vulnerabilities, shows that threat actors are always one step ahead. Companies must take action and adopt an attacker’s mindset by identifying – and protecting – the most valuable data before it’s too late.”

Adding to this, Ashish Gupta, Managing Director of Rubrik India and Head of Engineering, said:

“The latest RZL report serves as a wake-up call for Indian IT leaders, this highlights the urgent need for data resilience and security in today’s complex hybrid environments-where data is increasingly spread across on-premises infrastructure, public clouds, and SaaS platforms.”

Source: Rubrik Zero Labs

Also Read: Privacy Management Software Market Set to Grow at 23.58% CAGR Until 2030, Says QKS Group Report

Tags: Cyber securityCybercrimeData Protection

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