
In the digital business landscape, data-related vulnerabilities are rising. Escalating breaches prompts global organisations to reassess their risk management strategies. To tackle this, comprehensive solutions are needed beyond traditional security measures. A robust cyber resilience framework is vital that not only prevents incidents but also provides an action plan to counter them when needed.
To gain a deeper understanding of cybersecurity resilience, IMA India, in collaboration with Microsoft, conducted a survey in June 2023. The survey gathered insights from over 60 multinational corporations, both foreign and Indian, representing various industries. It focused on CFOs' strategies regarding cyber and endpoint security, investment trends, the prevalence of breaches and attacks, and their implications for organisations.
IMA is a niche economic, business and market research firm that provides insights and analysis to top management audiences in India through multiple channels. For 28 years, IMA’s research and opinion have informed the perspectives of investors, industry and government. IMA is one of the country’s largest peer group platforms for top functional executives, comprising more than 2,500 Indian and global business/functional heads from over 1,500 member companies. Since 1994, it has developed an unmatched capability to harness and distil collective wisdom, enabling top managers and industry leaders to interpret changes and forecast developments in the operating environment through authoritative guidance.
Microsoft set up its India operations in 1990. Microsoft in India offers its global cloud services from local data centres to accelerate digital transformation across Indian start-ups, businesses, and government agencies.
Microsoft’s Cyber Security Engagement Centre, headquartered in Delhi, aims to foster deeper collaborations with public and private sector organisations and is a critical enabler for India’s digital transformation. Microsoft’s approach to cybersecurity in today’s cloud-centric world rests on three core functional areas: protect, detect, and respond.