Cyber crimes in India up by 350% in three years: Report

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A recent study done by Assocham-PwC shows that cyberattacks are occurring at a greater frequency and intensity. Blame it on systems that are built around technologies with weaker protocols which are inherently more vulnerable, India has witnessed a 350 percent rise in cyber crime cases from 2011-2014. The study has revealed that in the past, the attacks have been mostly initiated from countries like the US, Turkey, China, Brazil, Pakistan, Algeria, Turkey, Europe and the UAE..

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    A recent study done by Assocham-PwC shows that cyberattacks are occurring at a greater frequency and intensity. Blame it on systems that are built around technologies with weaker protocols which are inherently more vulnerable, India has witnessed a 350 percent rise in cyber crime cases from 2011-2014. The study has revealed that in the past, the attacks have been mostly initiated from countries like the US, Turkey, China, Brazil, Pakistan, Algeria, Turkey, Europe and the UAE.

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    While the volume of attacks has only risen marginally, we have witnessed several sophisticated campaigns from #cybercriminals who are finding ways to weaponize legitimate tools for malicious gains.


    Recent examples include using #ChatGPT for code generation that can help less-skilled threat actors effortlessly launch cyberattacks, Trojanizing 3CXDesktop app for a supply chain attack, and leveraging the critical unauthorized RCE Vulnerability in the “Microsoft Message Queuing” service (commonly known as MSMQ).


    The CheckPoint Research team also discovered the fastest ever encrypting ransomware ever seen, all of which demonstrates how attackers are continuing their rampant crimes and never looking back.

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    There has been a 400% increase in cyber crimes against children, and the Modi govt has done nothing about it. Should their focus not be towards protecting the future of our nation?

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