--- title: "Cisco reports that 24% of Indian enterprises are cybersecurity-ready" description: "The Cisco Cybersecurity Readiness Index shows that just 24% of Indian firms are prepared for today's cyber threats." author: "Anonymous User" published: 2023-03-22 canonical: https://www.mindstick.com/news/2913/cisco-reports-that-24-of-indian-enterprises-are-cybersecurity-ready category: "news" tags: ["cybersecurity", "news", "cisco", "cyber security awareness"] reading_time: 3 minutes --- # Cisco reports that 24% of Indian enterprises are cybersecurity-ready \ According to a new Cisco report published on Tuesday, just 24 per cent of organisations polled in India have the mature level of preparedness required to be resilient against current [cybersecurity threats](https://answers.mindstick.com/qa/111830/what-s-driving-the-recent-surge-in-cybersecurity-threats). \ ![Cisco reports that 24% of Indian enterprises are cybersecurity-ready](https://lh5.googleusercontent.com/EY-ohXd8OsBc45-ySZdbjoF58msECLQiwm4d_DcPMV8j_edNTZrV2wRq4O20vwYrFL2Ol0AI_iwSAy6RCWp6v51zxCpvWVtaU5huLEdntS7tADqEIa7gwi5H_i478MV5rpx8pvFz7KHAUgoRlLtaH7A) \ Cisco stated in a separate statement that it intends to train 500,000 cybersecurity specialists in India over the course of three years. \ Cisco's inaugural Cybersecurity Readiness Index highlighted areas where organisations are excelling and areas where cybersecurity preparation gaps will grow if [global business](https://answers.mindstick.com/qa/34759/which-city-hosted-the-4th-edition-of-economic-times-global-business-summit-et-gbs-2018) and security leaders do not take action. \ The Cisco survey found that 90% of respondents stated they anticipate a cybersecurity event disrupting their organisation over the next 12 to 24 months, underscoring the need for preparation. \ India outperformed the global average of 15% in cybersecurity maturity (24%) and readiness. 38% of Indian firms are young. \ A third-party research asked 6,700 [private sector](https://answers.mindstick.com/qa/38480/which-bank-became-the-first-private-sector-bank-in-india-to-open-a-specialized-branch-for-start-ups-offering-a-bouquet-of-banking-products-to-service-the-end-to-end-needs-of-the-emerging-entrepreneurial-eco-system) cybersecurity executives from 27 markets which solutions they had used and at what extent. After that, enterprises were categorised by readiness: beginner, formative, developing, and mature. \ Novice (less than 10) means early solution deployment, whereas formative (11–44) means some deployment but poor cybersecurity preparation. \ The index characterised progressive as having considerable deployment and above-average cybersecurity preparedness, while mature was defined as having advanced deployment stages and being best equipped to handle [security risks](https://www.mindstick.com/forum/160411/what-security-risks-are-associated-with-bearer-tokens-and-how-can-they-be-mitigated). \ Although achieving better than the world average, India has few organisations due to the risks. \ Cisco says this preparation gap is troubling given that 90% of respondents expect a cybersecurity event to hit their organisation within 12 to 24 months. \ [**Also Read: Cisco CCNP Wireless 300-360 Exam Questions And Answers**](https://www.mindstick.com/blog/53506/cisco-ccnp-wireless-300-360-exam-questions-and-answers) \ 80 per cent of respondents reported a cybersecurity problem in the preceding 12 months, and 53 per cent claimed it cost them at least USD 500,000. Being unprepared may be costly (roughly Rs. 4 crores). \ "Cybersecurity is a key worry as firms digitise. Hybrid work and application-driven services need organisations to close the security preparation gap." Cisco India and SAARC Security Business Group Director Samir Mishra says. \ [Business executives](https://answers.mindstick.com/qa/105110/how-to-select-the-right-mobile-device-for-business-executives) must achieve "readiness" across the five security pillars to build secure and resilient organisations. This is crucial as 95% of respondents want to increase security expenditure by at least 10% in the following year. \ Developing a foundation allows organisations to capitalise on their strengths and focus on maturing and resiliency. \ Identification, devices, [network security](https://www.mindstick.com/forum/157836/what-is-network-security-and-why-is-it-important), application workloads, and data are the basis. \ Cisco pledged to train 500,000 Indians on cybersecurity over three years. \ Cisco's Networking Academy's 10-year goal is to teach 25 million people digital skills. 25th anniversary of the flagship show. \ This programme reached 17.5 million students in 190 countries. Since its India launch, Networking Academy has educated 1.2 million students through 718 partnerships with [educational institutions](https://answers.mindstick.com/qa/113765/how-can-educational-institutions-address-the-challenges-posed-by-increasing-student-diversity) and organisations. \ The two announcements were made onstage during the Cisco India Summit (CIS) 2023 in Jaipur. \ [**Cisco**](https://www.mindstick.com/blog/53507/cisco-ccna-data-center-200-155-exam-questions-and-answers) said India's growth and global competitiveness rely on a strong [digital economy](https://yourviews.mindstick.com/view/85451/explore-latest-technological-advancements-in-the-digital-economy) and a digitally skilled workforce. \ Cisco predicts a rise in demand for competent cybersecurity workers as organisations fight a shifting and sophisticated threat landscape. --- Original Source: https://www.mindstick.com/news/2913/cisco-reports-that-24-of-indian-enterprises-are-cybersecurity-ready Copyright © MindStick Software Pvt. 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