India Witnessed Spike in Cyber Attacks Amidst Covid-19 - Here's Why?

The COVID-19 outreach is turning out to be not only health, social, and economic hazard but also a cybersecurity crisis. The pandemic has presented new challenges for businesses in the areas of remote collaboration and business continuity.

With increased remote working for better business continuity, employees are using numerous Internet tools. As businesses and people have started relying more on technology and are busy fighting with the pandemic, the attackers now have plenty of options to target them more than ever.

According to PWC's April report, the number of security threats to the Indian company doubled in March 2020—especially what's more worrying is a 100% rise between March 17 and 20—from Jan 2020.

Sanjay Dhotre, the Union Minister of State for Electronics & Information Technology (MeITY), said that India has seen over 350,000 cyberattacks in the second quarter, triple the number of recorded events in the first quarter of 2020. He also highlighted that there were 700,000 cybersecurity incidents until August 2020.

According to ACRONIS Cyber Readiness Report 2020, 31% of companies worldwide are faced with at least one cybersecurity incident per day. However, India reported twice as many cyberattacks per day, where most of the cyberattacks comprise phishing, DDoS, video conferencing, exploiting weak services, and malware.

Full article on https://thehackernews.com/2020/10/covid-19-india-cyberattacks.html

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