Tag: cyber attacks

  • Cyber Attack, Data Breach Among Top Risks For Businesses In India: Survey |

    New Delhi: Cyber attacks and data breaches are the top business risks for organisations in India, according to the 2023 Global Risk Management Survey. Cyber attacks and data breaches were placed seventh in the 2021 business risks survey.

    Global professional services firm Aon collected inputs from around 3,000 risk managers, c-suite leaders, treasurers, talent professionals, and other executives from 61 countries and territories to identify the most pressing business challenges. (Also Read: Free Aadhaar Update Deadline Extended: Check List Of Required Documents To Do The Same)

    The biennial survey said that India’s dependency on technology is likely to increase with the widespread adoption of digital infrastructure like the Unified Payments Interface, Aadhaar, and Open Network for Digital Commerce. (Also Read: Poco X6 5G Gets A Significant Price Drop On Flipkart: Check Details)

    “With increasing digitisation, cybercrimes continue to become rampant with costs and complexities associated with such breaches forcing organisations to look at risk mitigation and transfer mechanisms to better manage cyber risks,” the survey noted.

    Business interruption and failure to attract or retain top talent were marked as the second and third biggest risks facing organisations in India, respectively.

    “There is a compelling need for Indian businesses to leverage advanced data analytics and experts to understand and manage the dynamics of integrated risks,” said Nitin Sethi, Chief Executive Officer of Talent Solutions in India at Aon.

    Failure to meet customer needs, rapidly changing market trends, supply chain disruptions, and personal liabilities were marked down the list as other critical challenges for businesses in India.

  • Those who do not want to see India safe attempt cyber attacks: Union Home Minister Amit Shah

    By PTI

    NEW DELHI: Union Home Minister Amit Shah on Monday said those who do not want to see India safe attempt various types of cyber attacks and some countries have even created cyber armies.

    Addressing a conference on ‘cyber safety and national security’, Shah, however, said the central government is fully alert to deal with any such threats and is also upgrading itself to prevent all kinds of cyber attacks.

    “The cyber security is also linked with the national security in a way. Those who do not want to see our country safe, also attempt various types of cyber attacks. Some nations have even created cyber armies,” he said.

    The home minister said many new dimensions of cyber frauds will be seen in the coming days and the country has to make many preparations in terms of cyber space security. He said that cyber security is integral to national security and the Narendra Modi government is committed to making it robust.

    “We all know how important is cyber security and how it can contribute for the development of India. India’s progress is not possible without cyber security. Cyber security is integral to the national security and the Modi government is committed to making it robust,” he said.

    The home minister said that everyone knows that the misuse of cyber space is not new and various kinds of cyber crimes are seen very often that include malware attacks, phishing, attacks on critical infrastructure, data theft, online economic frauds, child pornography among others.

    Such crimes are expected to increase in the coming days, he said. He said the questions of privacy of citizens are already there and everyone has to be more careful in the context of critical information security.

    “Both data and information are going to become a huge economic force in the coming days, so we have to prepare ourselves for the security of data and information. Shah also cited the data on the increasing number of cyber crimes being reported in the country,” he said.

    “In 2012, a total of 3,377 cyber crimes were reported and it has gone up to 50,000 in 2020. The number of cyber crimes which were not reported could be in lakhs. We are resolved to create the most secured cyber atmosphere in the world,” he said.

    The home minister said the Ministry of Home Affairs has launched a cyber crimes reporting portal about three years ago and so far, 11 lakh different kinds of cyber crimes have been reported there. Besides, he said, there were over two lakh social media complaints which were registered on the portal.

    “This is going to increase in the coming days, because currently, 80 crore Indians are active online. This is a big number and as the prices of data go down, there will be more users,” he said. Shah said the government wants to progress in digitisation but at the same time, ensure a secured cyber place in India.

    He said Prime Minister Narendra Modi’s vision is to make every Indian technologically empowered and due to digitisation, there has been empowerment and technological advancement. The home minister said because of technology, 130 crore people in the country are getting benefits through the Direct Benefit Transfer (DBT) scheme.

    “For a country like India, this is a big revolution. Before 2014, we just could not think about it as there there were 60 crore families in the country who did not have any bank account. Forget about transferring benefits digitally, they did not even have a bank account,” he said.

    Shah said for getting benefits, people had to run from pillar to post and also face corruption. But now, by clicking a button, the prime minister can transfer Rs 6,000 each to 13 crore families which is a big development and at the same time, a challenge too. “There is a big challenge before us to protect the country from cyber frauds and other cyber challenges,” he said.

  • Centre asks NHAI, automakers to tighten IT security after cyber attack threats

    By PTI
    NEW DELHI: The Ministry of Road Transport and Highways on Sunday alerted NHAI, NHIDCL and its other wings besides automobile makers to augment their IT security systems after reports regarding threats of possible cyber attacks targeted at the Indian transport sector.

    The ministry said it has received an alert from the Indian Computer Emergency Response Team (CERT-In) about possible cyber attacks.

    “The Ministry of Road Transport and Highways received an alert from CERT-In regarding targeted intrusion activities directed towards Indian Transport sector with possible malicious intentions. The Ministry has advised departments and organisations under transport sector to strengthen the security posture of their infrastructure,” the Ministry said in a statement.

    It has requested NIC, National Highways Authority of India (NHAI), National Highways and Infrastructure Development Corporation (NHIDCL), Indian Road Congress (IRC), Indian Academy of Highway Engineers (IAHE), State PWDs, Testing agencies and Automobile manufacturers to conduct the security audit of the entire IT system by CERT-In certified agencies.

    It advised such security audits on a regular basis besides taking all actions as per their recommendations.

    Also it asked the audit report and the action taken report to be regularly submitted to the ministry.

    Last year in June also NHAI has reported a cyber attack on its email server and had said that prompt action resulted in no data loss.

    It had shut down its server then as a precaution.