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At least one cyber crime is reported every
10 minutes in India
And you could be the next victim.
• Cybercrimes can be defined as: “Offences that are committed against
individuals or groups of individuals with a criminal motive to
intentionally harm the reputation of the victim or cause physical or
mental harm, or loss, to the victim directly or indirectly, using modern
telecommunication networks such as Internet (networks including
chat rooms, emails, notice boards and groups) and mobile phones
(Bluetooth/SMS/MMS)”.
Definition of Cybercrime
• To seek commercial gain by hacking banks and financial
institutions.
• To attack critical assets of a nation.
• To penetrate into both corporate and military data servers to
obtain plans and intelligence.
• To hack sites to virally communicate a message for some
specific campaign related to politics and society.
Motives behind Cyber Attacks
• Malware, short for malicious software refers to any kind of
software that is designed to cause damage to a single computer,
server, or computer network. Ransomware, Spy ware, Worms,
viruses, and Trojans are all varieties of malware.
• Phishing: It is the method of trying to gather personal
information using deceptive e-mails and websites.
• Denial of Service attacks: A Denial-of-Service (DoS) attack is an
attack meant to shut down a machine or network, making it
inaccessible to its intended users.
Types of Cyber Attacks
• DoS attacks accomplish this by flooding the target with traffic, or
sending it information that triggers a crash.
• Man-in-the-middle (MitM) attacks, also known as eavesdropping
attacks, occur when attackers insert themselves into a two-party
transaction. Once the attackers interrupt the traffic, they can
filter and steal data.
Types of Cyber Attacks
• The Crowd Strike Work Security Index has said that
there was a 100x increase in Covid-19 themed malicious
files between February and March.
• A total of 4,048 senior decision-makers in India,
Australia, France, Germany, Great Britain, Japan,
Netherlands, Singapore, and the U.S across major
industry sectors were part of the survey.
Key Points
• Cybercrime In India Surges Amidst Coronavirus Lockdown
• Attacks have soared 86% in the four weeks roughly between
March and April, according to a recent Reuters report.
• The spike in cybercrimes and attacks has predictably targeted
private citizens’ wallets and personal data given the sharp
increase in the percentage of India Inc.’s workforce remotely
working as a result of the nationwide shelter-in-place measures
instituted by the government
Key Points
• Chief among these is the ‘PM CARES’ coronavirus fund,
established by the prime minister’s office.
• At least a half dozen fake versions of the site have emerged and
have successfully solicited thousands of dollars from
unsuspecting individuals.
• Senior officials from India’s Home Ministry said that more than
8,000 complaints had been received from Indians both home
and abroad who had duped into giving money to fake versions
of the government’s flagship fund
Key Points
• Cybercrime constitutes a serious problem for India even outside of
crisis periods. India was among the top five most targeted
countries in the world by cyber criminals in recent years,
reflecting the significant amount of work still outstanding in
strengthening the country’s cyber defenses.
• More than 550 million Indians that have connected to the Internet
in recent years, fueled by rural growth. But the rapid proliferation of
Internet users and of the Internet of Things (IoT) has also left the
country’s public and private sectors vulnerable to cyber attack.
The Internet Crime Report for 2019, released by USA’s
Internet Crime Complaint Centre (IC3) of the Federal Bureau
of Investigation, has revealed that India stands third in the
world among top 20 countries that are victims of internet
crimes.
As per the report, excluding the USA, the UK tops the list with
93,796 victims of internet crimes followed by Canada (3,721)
and India (2,901).
According to the latest National Crime Records Bureau (NCRB) data, a
total of 27,248 cases of cyber crime were registered in India in 2018.
In Telangana, 1,205 cyber crime cases were registered in the same
year.
The National Cyber Crime Reporting Portal that was started last year by
the Central government received 33,152 complaints till now, resulting in lodging of 790 FIRs.
• The key to lowering cybercrime risk for private companies is by “gaining
domain knowledge and putting in place a user-friendly cyber policy along
with implementing a secure system.”
• This includes “training users, monitoring the system and real-time
response where a user requires assistance in operating the secure
network.”
• On the government side, bolstering information sharing mechanisms,
building attribution capability and strengthening the coordination of
vulnerability disclosure processes are just some steps New Delhi can
take to better protect the country from the onslaught of ongoing cyber
attacks.