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How India Inc is losing its cybersecurity war
In such a milieu, the situation is not different in India. The true extent of impact on India Inc never comes out. Since 2012, international countries which have economic interests in India have been silently active. Cyber hackers breached Union Bank of India security systems but the money trail was traced and the movement of funds was blocked. For example, global banks spend up to 15% of their IT spends on IT but in India it's hardly 2-3% of the IT security budget.
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