Diabytes
Sophos News
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Sophos laying off about 450 people globally including in India.
Sophos is a Cyber-security company.
In March 2020, private equity firm Thoma Bravo acquired Sophos in a $3.9 billion deal.
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The recovery cost from ransomware attack’s impact trippled to $3.38 billion in 2021.
The findings showed that 67 per cent of Indian organizations whose data was encrypted paid a ransom.
The survey polled 5,400 IT decision makers in mid-sized organisations in 30 countries.
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According to a recent IBM study conducted by Ponemon Institute, while the average cost of a data breach in 2017 saw a 10 per cent decline globally when compared to 2016, for the Indian enterprises, it grew 12.3 per cent from Rs 97.3 million in 2016 to Rs 110 million in 2017.
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