India, third most targeted country by ransomware attacks in APAC: Report

India's digital economy faces increasing ransomware threats, particularly targeting IT, BFSI, and manufacturing sectors. Groups like Qilin, RansomHub, and Medusa are exploiting vulnerabilities, viewing Indian firms as high-value targets. APAC region sees attacks timed around instability, while globally, ransomware incidents surged by 54%, dominated by a few key players.