By Amit R. Saksena
One of the most targeted countries in the world, India is beginning to act on the cyber threat.
Last year brought a marked increase in the frequency of cyber attacks on Indian assets, with government and private infrastructure equally affected. A research report found an alarming 136 percent increase in cyber threats and attacks against Indian government organizations and a 126 percent spike in attacks targeting financial services organizations. According to Symantec’s 2013 Norton Report (PDF), by July 2013, sophisticated cyber assaults like ransomware and spear-phishing has cost Indian individuals and companies some $4 billion.
Such is the dark side of the rising dependence on mobile systems and smartphones. At a time of heightened online breaches – phishing, defaced websites, network break-ins, virus attacks – the Indian government published its first ever National Cyber Security Policy [NCSP] (PDF), in early July, 2013. The success and feasibility of the policy, however, is debatable.
Read the full story at The Diplomat