OpenText (Indian Enterprises - Survey Context)

OpenText (Indian Enterprises - Survey Context)

Over half of Indian enterprises surveyed by OpenText faced **ransomware attacks** in the past year, with **71% reporting AI-driven phishing or deepfake attempts**, marking India as a highly targeted region. **70% of affected organizations paid ransoms** to regain data access—one of the highest global rates—yet only **12% fully recovered encrypted/stolen data**, exposing a critical gap between perceived resilience and actual recovery capabilities. Attacks increasingly exploited **third-party vendors or supply chains**, with **63% of organizations impacted by breaches via managed service providers**. Despite proactive measures like **cloud security (68%), network protection (60%), and backup technologies (58%)**, heavy reliance on external ecosystems amplified cascading risks. The financial and operational strain was compounded by **AI-enabled threats (deepfakes, voice/video spoofing)**, with **95% of firms allowing generative AI tools** but only **50% having formal AI governance policies**. Ransomware is now a **board-level priority (84% of execs rank it a top-3 risk)**, yet recovery tests (76% conduct multi-annual drills) and employee training (80% participation) have not prevented persistent data loss and operational disruption.

Source: https://ciso.economictimes.indiatimes.com/news/cybercrime-fraud/nearly-half-of-indian-firms-faced-ransomware-in-2024-says-opentext/125046320

TPRM report: https://www.rankiteo.com/company/opentext

"id": "ope0062100110625",
"linkid": "opentext",
"type": "Ransomware",
"date": "11/2025",
"severity": "100",
"impact": "5",
"explanation": "Attack threatening the organization’s existence"
{'affected_entities': [{'industry': ['technology',
                                     'financial services',
                                     'manufacturing',
                                     'others (unspecified)'],
                        'location': 'India',
                        'name': 'Indian Enterprises (Survey Respondents)',
                        'type': ['private sector',
                                 'public sector (if applicable)']}],
 'attack_vector': ['AI-driven phishing',
                   'deepfake (voice/video spoofing)',
                   'third-party service providers',
                   'software supply chain'],
 'data_breach': {'data_encryption': True,
                 'data_exfiltration': True,
                 'personally_identifiable_information': True,
                 'sensitivity_of_data': 'high (includes potential PII and '
                                        'corporate secrets)',
                 'type_of_data_compromised': ['personally identifiable '
                                              'information (likely)',
                                              'corporate data',
                                              'financial data (possible)']},
 'description': "OpenText's fourth annual Global Ransomware Survey reveals "
                'that over 50% of Indian enterprises faced ransomware attacks '
                'in the past year, with 71% reporting a surge in AI-driven '
                'phishing or deepfake attempts. Nearly 70% of affected '
                'organizations paid ransoms, yet only 12% fully recovered '
                'encrypted or stolen data. The report highlights gaps in AI '
                'governance, third-party risks, and the escalating complexity '
                'of attacks, including supply chain breaches. Indian '
                'organizations are prioritizing cloud security, network '
                'protection, and backup technologies for 2026, with 84% of '
                'executive teams now treating ransomware as a top-three '
                'business risk.',
 'impact': {'brand_reputation_impact': True,
            'data_compromised': True,
            'downtime': True,
            'identity_theft_risk': True,
            'operational_impact': True,
            'systems_affected': True},
 'initial_access_broker': {'entry_point': ['third-party service providers',
                                           'software supply chain',
                                           'AI-driven phishing/deepfake '
                                           'attacks'],
                           'high_value_targets': ['corporate data',
                                                  'financial systems',
                                                  'customer PII']},
 'investigation_status': 'Survey-based findings (no specific incident '
                         'investigation detailed)',
 'lessons_learned': ['AI adoption outpaces governance: 95% allow generative AI '
                     'tools, but only ~50% have formal AI-use/data privacy '
                     'policies.',
                     'Third-party risks are critical: 66% of organizations '
                     'impacted by vendor/managed services breaches in the past '
                     'year.',
                     'Recovery confidence is misplaced: 98.6% express '
                     'confidence in recovery, but only 12% fully recover data '
                     'post-attack.',
                     'Board-level engagement is rising: 84% of Indian '
                     'executives now rank ransomware as a top-three business '
                     'risk (vs. 71% globally).',
                     'Collaboration is key: Effectiveness depends on shared '
                     'responsibility across organizations, partners, and '
                     'technology providers.'],
 'motivation': ['financial gain (ransom payments)',
                'data theft',
                'disruption of operations'],
 'post_incident_analysis': {'corrective_actions': ['Accelerate implementation '
                                                   'of AI governance '
                                                   'frameworks and data '
                                                   'privacy policies.',
                                                   'Enhance third-party risk '
                                                   'management programs, '
                                                   'including continuous '
                                                   'monitoring of suppliers.',
                                                   'Increase frequency and '
                                                   'rigor of ransomware '
                                                   'recovery simulations.',
                                                   'Invest in advanced threat '
                                                   'detection for AI-driven '
                                                   'attacks (e.g., deepfake '
                                                   'identification tools).',
                                                   'Promote cross-industry '
                                                   'collaboration to address '
                                                   'systemic vulnerabilities '
                                                   'in supply chains.'],
                            'root_causes': ['Rapid AI adoption without '
                                            'commensurate governance (e.g., '
                                            'lack of formal AI-use policies).',
                                            'Over-reliance on third-party '
                                            'ecosystems with inadequate '
                                            'security oversight.',
                                            'Insufficient testing of '
                                            'ransomware recovery plans (gap '
                                            'between confidence and actual '
                                            'recovery rates).',
                                            'Expanding attack surface due to '
                                            'hybrid/AI-powered environments.']},
 'ransomware': {'data_encryption': True,
                'data_exfiltration': True,
                'ransom_paid': '70% of affected organizations'},
 'recommendations': ['Implement formal AI governance frameworks to align '
                     'productivity gains with security/privacy risks.',
                     'Strengthen third-party risk management, including '
                     'rigorous cybersecurity assessments of suppliers and '
                     'managed service providers.',
                     'Enhance ransomware recovery testing frequency and '
                     'realism to close the gap between perceived and actual '
                     'resilience.',
                     'Expand security awareness training to include '
                     'AI-specific threats (e.g., deepfakes, generative AI '
                     'misuse).',
                     'Prioritize investments in cloud security, network '
                     'protection, and immutable backup solutions.',
                     'Foster cross-ecosystem collaboration to address '
                     'cascading risks in supply chains and shared '
                     'infrastructure.'],
 'references': [{'source': 'OpenText Global Ransomware Survey (4th Annual)'},
                {'source': 'ETCISO Article on OpenText Survey Findings'}],
 'response': {'incident_response_plan_activated': True,
              'recovery_measures': ['ransomware recovery plan testing (76% '
                                    'test multiple times/year)',
                                    'security awareness training (80% conduct '
                                    'regularly)'],
              'remediation_measures': ['cloud security enhancements (68% '
                                       'priority)',
                                       'network protection (60% priority)',
                                       'backup technologies (58% priority)'],
              'third_party_assistance': ['managed service providers (83% of '
                                         'organizations)',
                                         'cybersecurity assessments of '
                                         'software suppliers (91%)']},
 'stakeholder_advisories': ['Board-level engagement: 84% of Indian executives '
                            'treat ransomware as a top-three business risk.',
                            'Third-party advisories: 91% conduct formal '
                            'cybersecurity assessments of software suppliers.'],
 'title': 'Ransomware and AI-Driven Cyber Threats Targeting Indian Enterprises '
          '(2023-2024)',
 'type': ['ransomware',
          'phishing',
          'deepfake impersonation',
          'supply chain attack'],
 'vulnerability_exploited': ['insufficient AI governance',
                             'third-party ecosystem dependencies',
                             'lack of formal AI-use/data privacy policies']}
Great! Next, complete checkout for full access to Rankiteo Blog.
Welcome back! You've successfully signed in.
You've successfully subscribed to Rankiteo Blog.
Success! Your account is fully activated, you now have access to all content.
Success! Your billing info has been updated.
Your billing was not updated.