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Despite WannaCry ransomware and Fireball malware posing threats, most companies in India seems to have learnt nothing, says the EY Advisory Services cyber security report.

It has come to light that more than 60 percent of the companies in India are still using unregulated software.

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"Many organisations secure their hardware. However, they do not pay attention to the software used, which could be unregulated," Maya Ramachandran, Partner, Advisory Services Practice, EY told PTI.

Prior to last month's WannaCry ransomware episode, over 50,300 cyber security incidents like phishing, website intrusions and defacements, virus and denial of service attacks were observed in the country during 2016, Indian Computer Emergency Response Team (CERT-In) report said.

Though major corporate companies are scaling their spending on cyber security, several medium and small industries are neglecting such threats.

It is advised that companies big or small must set up software asset management team that can operate a secure and cost effective IT environment.

The team will also keep a tab on inadvertent downloads of malware through unauthorised software (or created by unknown publisher) by naive company officials.

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It would also take care of upgrading to newer and safer software from older versions and also unauthorised access of personal devices to corporate networks, among others, Ramachandran added.