Security incidents should be seen as a critical business risk that may not always be preventable, but can be managed to acceptable levels, he added.

Compared to global figures, India is playing catch-up in deploying safeguards like behavioural profiling, monitoring, security information and event management technologies and threat intelligence, the report said.

Globally, China has the advantage in implementation of technology safeguards to protect against today's dynamic threats, it added.

While, Russia also shows solid progress in deployment of safeguards that monitor data and assets, it is the US which leads the tally, it said.

"Companies used traditional safeguards like firewall, etc, but now they are also using analytics to analyse the threats. However, India is still behind in the use to such techniques to check intrusions," Krishan said.

Enterprise mobility and cloud services are gaining greater traction with organisations in India. Yet information security for mobile devices and cloud services lags behind adoption rates, the survey said.

"Less than 50 per cent of respondents claim that their organisations have fundamental information security controls for mobile security and even less than 20 per cent have policies addressing use of mobile phones," it added.

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