Indigenous Tools Crucial For India’s Cyber Security: Report

Creation of indigenous tools along with building human capacity with relevant capabilities is imperative for India’s cyber security, a report by business consulting firm PricewaterhouseCoopers (PwC) in collaboration with industry chamber Assocham said on Wednesday. Read about the latest study by PwC which reveals that Indian businesses should practice self-regulation, while the government should create […]

Cyber threats may wreak havoc by 2020

In the next few years, India will face increasingly sophisticated “destructive“ cyber threats as compared to the “disruptive“ attacks in the Indian cyberspace that are currently adding up to 200 million malware-related and 1,90,000 “unique“ intrusions in any given week. Read India’s cyber security chief Gulshan Rai’s warning that cyber attacks will wreak havoc in India […]

The cost of data breach is on the rise in India despite global drop

The average cost of a data breach for the Indian companies has grown from Rs 97.3 million in 2016 to Rs 110.0 million  in 2017 (a rise of 12.3%), while globally, the average cost of a data breach in 2017 is $3.62 million, a 10% decline from 2016, according to an IBM study. Read about […]

What Indian IT needs to do urgently to survive the digital future

Read why Rajiv Rao says that Indian IT needs to radically overhaul their operations to survive the digital future on ZDNet : How do companies respond to the kind of change and mayhem that rips through an industry like an unexpected gale force wind? Both Kodak and Fuji found themselves in this unenviable situation in the […]

Bad password big cyber security threat in India: Experts

Even though the number of internet users in India is expected to reach 420 million by June, there is still lack of awareness about password management among the masses, making them vulnerable to cyber attacks, experts said on Thursday, designated as World Password Day. Read why cyber security experts says that password is the chief […]

Data breaches are getting expensive for India, shows study

Electronic data breaches, such as the recent ATM hack that compromised more than 30 lakh debit cards, have become more costly in recent years, according to a recent study. The per capita cost of a compromised record went up by more than 75% in the past five years. Read more about the new Ponemon Institute-IBM report which reveals […]

Cyber strikes expose vulnerabilities of our financial system

Read why cyber strikes expose vulnerabilities of our financial system on The Sunday Guardian : ATM attacks have emerged as a significant roadblock to Digital India with 30 lakh debit cards being reportedly compromised in recent cases of ATM frauds. The ATM attack episode that came to light after State Bank of India announced reissuing […]

Kaspersky Lab warns that risk of data breach is real and rising rapidly in India

If you are running an enterprise or planning a start-up in India, accepting the fact that cyber security threats are real and dangerous is the first step towards securing your data in the long run, a top cyber expert has suggested. India is among the top five countries in the world to be attacked by […]

Why India too needs a transparent system of data breach notification

The European Parliament, on July 6, 2016, adopted the Directive on Security of Network and Information Systems. The NIS Directive, as it is known, will usher in a new era of EU-wide cooperation and national capacity building to effectively respond to cyber-attacks ‘becoming bigger, more frequent, and more complex’. Read his full article here.

Average total cost of data breach increases to $1.4 million: IBM study

The total average cost paid by a company due to a data breach increased from $1.32 million to $1.4 million in 2016 in India, according to a new study conducted by the Ponemon Institute on behalf of IBM Security. Read more about the new Ponemon Institute study which reveals that the data breach cost in […]