India now ranks second only to the US in most security threats on Cloud, followed by Australia, Canada and Brazil, and malware was the technique used most often in reported incidents, a new report showed on Monday. With the shift to a more flexible pandemic workforce, cyber criminals have introduced new and updated threats and tactics in campaigns targeting prominent sectors, such as government, financial services and entertainment.

The government was the most targeted sector in Q2 of 2021 with a 64 per cent increase in publicly reported cyber incidents, according to the 'Advanced Threat Research Report: October 2021' by McAfee Enterprise. "Ransomware has evolved far beyond its origins, and cybercriminals have become smarter and quicker to pivot their tactics alongside a whole host of new bad-actor schemes," said Raj Samani, McAfee Enterprise fellow and chief scientist.