Reported cybersecurity incidents in banking sector fell by 81% between 2021 and 2023: MoS
3 weeks ago

Reported cybersecurity incidents in banking sector fell by 81% between 2021 and 2023: MoS

Hindustan Times  

Incidents of cybersecurity in the Indian banking sector reported to the Indian Computer Emergency Response Team fell by 81% between 2021 and 2023, minister of state for electronics and information technology Jitin Prasada said in a written response to the Lok Sabha on Wednesday. As per the data presented in the Parliament, 122,764 cybersecurity incidents, including phishing, network scanning and probing, website hacking, and virus and malware, were reported from the banking sector in 2021. MeitY used 79% of its cybersecurity budget in FY24 In another response to Congress MP Vamsi Krishna Gaddam, Prasada said that MeitY had used up ₹316.51 crore of the ₹400 crore allocated for cybersecurity in FY24. In FY23, the ministry used ₹30.11 crore of the revised budget of ₹100 crore for cybersecurity, and in FY22, it used ₹310.51 crore of the revised budget of ₹339 crore.

Incidents Crore 2023 Fell 2021 Prasada Banking Sector Cybersecurity Budget Reported Cybersecurity  2022  response  incidents  banking  fell  sector  mos  reported  cybersecurity  budget  crore  2021  used  2023  81

History of this topic

Cybersecurity incidents tracked by CERT-In quadrupled in last 5 years
1 month ago

Cybersecurity incidents tracked by CERT-In quadrupled in last 5 years

Hindustan Times  

Between 2019 and 2023, the number of cybersecurity incidents reported to and tracked by the Indian Computer Emergency Response Team more than quadrupled while those related to government organisations more than doubled, according to data shared by the minister of state for electronics and information technology Jitin Prasad in the Rajya Sabha on Friday. Cybersecurity incidents tracked by CERT-In quadrupled …

India sees 11 percent rise in malware, 22 pc jump in ransomware attacks: Report
5 months, 1 week ago

India sees 11 percent rise in malware, 22 pc jump in ransomware attacks: Report

Deccan Chronicle  

New Delhi: Malware attacks in India rose by 11 per cent while ransomware cyber attacks jumped by 22 per cent in 2024, reflecting the escalating nature of cyber threats for businesses, a report by SonicWall said.Malware attacks rose by 11 per cent to 13,44,566 in 2024 from 12,13,528 in 2023, the 2024 SonicWall Mid-Year Cyber Threat Report said. While ransomware …

1 Out Of 4 People In India Have Faced Cyber Threats Up To March 2024
7 months, 3 weeks ago

1 Out Of 4 People In India Have Faced Cyber Threats Up To March 2024

News 18  

Nearly one in four Indians faced hacking attacks in the first quarter this year, as malware continues to be a major cyber threat, a report showed on Friday. In the quarterly data released by global security company Kaspersky, 22.9 percent of web users in the country were attacked by web-borne threats. “File-less malware is being seen as the most dangerous …

Only 4% of organisations in India ready to tackle cybersecurity risks: Cisco
9 months, 1 week ago

Only 4% of organisations in India ready to tackle cybersecurity risks: Cisco

The Hindu  

Only 4% of organisations in India have a ‘mature’ level of readiness needed to be resilient against modern cybersecurity risks, said Cisco in its ‘2023 Cybersecurity Readiness Index’. Some 99% of the companies are getting ready to take action to address newer cyber challenges and they are also planning to increase their cybersecurity budgets in the next 12 months. “In …

373 govt websites hacked between Jan’18 and Sep’23: MeitY tells House panel
10 months, 4 weeks ago

373 govt websites hacked between Jan’18 and Sep’23: MeitY tells House panel

Hindustan Times  

Between January 2018 and September 2023, 373 central and state government websites were hacked, the ministry of electronics and information technology informed the parliamentary committee on communications and information technology. The House panel has recommend MeitY to update entire government infrastructure regarding handling of cyber threats. “As per the information reported to and tracked by CERT-In, a total number of …

Crypto phishing scams deplete approximately USD 300 million from 320,000 users in 2023
1 year ago

Crypto phishing scams deplete approximately USD 300 million from 320,000 users in 2023

India TV News  

Wallet drainers are one of the known malware which is related to cryptocurrency. A new report has recently revealed that the malware has stolen USD 295 million in cryptocurrencies from about 324,000 victims in 2023. The researchers said, "Over the past year, phishing activities have steadily increased each month with phishing scammers employing more sophisticated tactics to evade security measures.” …

Build up tech to put down cyber criminals
1 year ago

Build up tech to put down cyber criminals

New Indian Express  

According to the National Crime Records Bureau, 65,893 cybercrimes were registered across India in 2022, a 24.4 per cent increase over 2021. And the conviction rate is very poor—most of the perpetrators use elusive virtual private networks and proxy servers, and remain unidentified and untraceable. Global assessment of cyber security indicates that there are 2,200 cyber attacks per day—one every …

36 central, state govt sites faced hacking cases in first half of 2023: Data
1 year, 5 months ago

36 central, state govt sites faced hacking cases in first half of 2023: Data

Hindustan Times  

As many as 36 websites of ministries and departments under the central and various state governments faced hacking incidents in the first six months of 2023, Parliament was informed on Wednesday. According to data shared by Minister of State for Electronics and IT Rajeev Chandrasekhar in Lok Sabha, a total of 1,12,474 cyber security incidents have been tracked by CERT-In. …

52% of organisations have suffered a data breach worldwide in the last 2 years
1 year, 9 months ago

52% of organisations have suffered a data breach worldwide in the last 2 years

India TV News  

Over half of the organisations have reportedly suffered a data breach in the past two years across the world. According to the State of Security, 2023 report by software firm Splunk, around 62 per cent of respondents have said that their business-critical applications have suffered from unplanned downtime due to a cybersecurity incident on at least a monthly basis, an …

About 2 Lakh New Mobile Banking Trojan Installers Found In 2022, Marking A Two-Fold Increase: Kaspersky Report
1 year, 10 months ago

About 2 Lakh New Mobile Banking Trojan Installers Found In 2022, Marking A Two-Fold Increase: Kaspersky Report

News 18  

About 2,00,000 new mobile banking Trojans installers were discovered in 2022, marking a two-fold increase from the previous year’s figures, a new report revealed on Friday. According to the 2022 Mobile Threats report prepared by the cybersecurity firm Kaspersky, this alarming surge in the number of mobile banking Trojans is also the highest ever reported in the last six years. …

Centre releases data on hacked govt websites, data breaches in 2022-23
1 year, 11 months ago

Centre releases data on hacked govt websites, data breaches in 2022-23

Live Mint  

In the years 2022–2023, 50 government websites have been hacked, said Ashwini Vaishnaw - the Union Minister for Communications, Electronics, and Information Technology. Vaishnaw added that there were six, seven and eight data breach events involving government organisations in the years 2020, 2021, and 2022, respectively, according to data recorded by CERT-In and provided to them. "CERT-In has further informed …

Crypto hack losses surged 60% to $1.9 billion between January and July 2022, reports Chainalysis
2 years, 4 months ago

Crypto hack losses surged 60% to $1.9 billion between January and July 2022, reports Chainalysis

The Hindu  

Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralised finance protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. "DeFi protocols are uniquely vulnerable to hacking, as their open source code can be studied ad nauseum …

More Than 1.5 Crore Social Media Phishing Attacks in Q2 In India: Report
2 years, 5 months ago

More Than 1.5 Crore Social Media Phishing Attacks in Q2 In India: Report

News 18  

Phishing attacks via social media are on the rise and India witnessed over 1.5 crore such cyber threats in the second quarter this year, an average of more than 17.5 lakh attacks per day which were blocked by Norton Labs, the cyber-security company said on Tuesday. Globally, there were 302,000 mobile threats and 78,000 ransomware attacks, according to Norton Labs, …

Is India prepared to protect itself from cyber-attacks?
2 years, 9 months ago

Is India prepared to protect itself from cyber-attacks?

Business Standard  

According to business and consumer data company Statista, in the financial year 2021, over 3.8 thousand government services in India were provided over the internet. The government’s ongoing Digital India push and the Reserve Bank’s planned Central Bank Digital Currency may only add to the list of vulnerabilities. According to the Computer Emergency Response Team data, India witnessed a three-fold …

11 per cent jump in cyber crime in 2020, NCRB data in Home Panel report
2 years, 10 months ago

11 per cent jump in cyber crime in 2020, NCRB data in Home Panel report

India TV News  

Highlights As per NCRB data, India reported an 11% jump in cyber crime in the year 2020 The data for 2020 has been obtained from the report "Crime in India, 2020 of the NCRB A total of 50,035 cases in 2020 were registered under cyber crimes As per the National Crime Record Bureau data, India reported an 11 per cent …

2022 to see large scale data breaches, malware on mobile phone to grow
3 years, 2 months ago

2022 to see large scale data breaches, malware on mobile phone to grow

Business Standard  

Data breaches and cyber attacks are expected to grow to large scale with the adoption of digitisation by both businesses as well as consumers, Israel-based cyber security firm Check Point said on Tuesday. "Going into 2022 we will see an increase in data breaches that will be on a larger scale. This was a record, and we can expect ransom …

Cyber Crimes in India Spiked Nearly Nine Times Since 2013, UP Topped Chart in 2020: Data
3 years, 3 months ago

Cyber Crimes in India Spiked Nearly Nine Times Since 2013, UP Topped Chart in 2020: Data

News 18  

The incidents of cyber crimes in India have been increasing at a rapid pace and jumped by nearly nine times between 2013 and 2020, official data showed. As per the latest ‘Crime in India’ report, cyber crimes in India increased to 50,035 during 2020 from 5,693 cases reported in 2013. While most of the states have reported a jump in …

Identity Theft the Biggest Cyber Security Threat in India, 2.7 Crore Affected in 2020: Norton
3 years, 8 months ago

Identity Theft the Biggest Cyber Security Threat in India, 2.7 Crore Affected in 2020: Norton

News 18  

Indians are among the most targeted user groups in the world in terms of cyber threats, and the Norton Cyber Safety Insights report, 2021, has further elucidated exactly how. While this may not be a big surprise, the numbers are far more emphatic when put in context – Norton claims as per its survey that 45 percent of adult Indian …

Delhi reported steep spike in cybercrimes during lockdown period: Police
3 years, 10 months ago

Delhi reported steep spike in cybercrimes during lockdown period: Police

India TV News  

The number of cybercrime cases reported in the national capital spiked during last year's lockdown period, from nearly 2,000 in March to over 4,000 in May, as fraudsters adopted new methods to cheat people, the Delhi Police said on Friday. Speaking at the annual press conference, Delhi Police Commissioner S N Shrivastava said cybercrimes peaked during the COVID time and …

Over 2.9 lakh cyber security incidents related to digital banking reported in 2020
3 years, 11 months ago

Over 2.9 lakh cyber security incidents related to digital banking reported in 2020

The Hindu  

Over 2.9 lakh cyber security incidents related to digital banking were reported in 2020, Parliament was informed on Thursday. As per the information reported to and tracked by Indian Computer Emergency Response Team, a total number of 1,59,761; 2,46,514 and 2,90,445 cyber security incidents pertaining to digital banking were reported during 2018, 2019 and 2020, respectively, Minister of State for …

'Exponential' Spike in Financial Frauds Due to Dependence on Digital Payment Platforms amid Pandemic: NSA
4 years, 3 months ago

'Exponential' Spike in Financial Frauds Due to Dependence on Digital Payment Platforms amid Pandemic: NSA

News 18  

Asking citizens to be cautious while being online, National Security Adviser Ajit Doval said on Friday financial frauds have seen an exponential increase due to greater dependence on digital payment platforms following the COVID-19 pandemic. “There is a greater dependence on digital payment platform due to reduced cash handling and greater data sharing is happening online and presence on social …

Chinese hackers attempted 40,000 cyber attacks on Indian web, banking sector in 5 days
4 years, 6 months ago

Chinese hackers attempted 40,000 cyber attacks on Indian web, banking sector in 5 days

India Today  

Hackers based in China attempted over 40,000 cyber attacks on India's Information Technology infrastructure and banking sector in the last five days, a top police official in Maharashtra said on Tuesday. The spurt in online attacks from across the border was noticed after tensions rose between the two countries in eastern Ladakh, said Yashasvi Yadav, Special Inspector General of Police …

Many firms see rise in cyberattacks during pandemic: Survey
4 years, 9 months ago

Many firms see rise in cyberattacks during pandemic: Survey

The Hindu  

Many organisations have seen a rise in security threats and attacks during the coronavirus pandemic, a new survey by cybersecurity firm Check Point said on Tuesday. “Cybercriminals will always seek to capitalise on the latest trends to try and boost the success rates of attacks, and the coronavirus pandemic has created a perfect storm of a global news event together …

25 websites of Central Ministries, state governments hacked between Jan-May 2019: Ravi Shankar Prasad
5 years, 5 months ago

25 websites of Central Ministries, state governments hacked between Jan-May 2019: Ravi Shankar Prasad

India TV News  

About 25 websites of Central Ministries and state governments were hacked in the first five months of 2019, Parliament was informed on Thursday. "As per the information reported to and tracked by Indian Computer Emergency Response Team, a total number of 199, 172, 110 and 25 websites of Central Ministries/Departments and State Governments were hacked during the year 2016, 2017, …

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