Ransomware attacks surged by 133% in India amid global decline
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India experienced a massive surge in ransomware and IoT cyber attacks in H1 2023, while countries like the US and UK saw a decline, according to SonicWall's mid-year cyber threat report. This rise in cyberattacks poses significant risks to India's economic aspirations. As cyber criminals diversify their skills to target critical infrastructure, industries from manufacturing to pharmaceuticals face increased vulnerability due to digitization.