You are here: Home » Current Affairs » News » National
Business Standard

India 2nd biggest target of cybercriminals in Asia Pacific in 2020: IBM

India was the second most attacked country by cyber criminals after Japan in Asia Pacific in 2020, according to an IBM report released on Wednesday

Topics
cybercrimes | Cyber Attacks | India

Press Trust of India  |  New Delhi 

hacker, cyber attack, hacking

was the second most attacked country by cyber criminals after Japan in Asia Pacific in 2020, according to an report released on Wednesday.

In 2020, Security X-Force observed attackers pivoting their attacks to businesses for which global COVID-19 response efforts heavily relied, such as hospitals, medical and pharmaceutical manufacturers, as well as energy companies powering the COVID-19 supply chain.

"was the second most attacked country in the Asia Pacific. Attacks on made up 7 per cent of all attacks X-Force observed on Asia in 2020.

"Finance and insurance was the top attacked industry in India (60 per cent), followed by manufacturing and professional services," the report said.

Ransomware was the top attack type, accounting for around 40 per cent of total

In addition, X-Force observed digital currency mining and server access attacks had hit Indian companies last year.

"We also witnessed cybercriminals using relief efforts and public health information as spam lures including targeted attacks on critical components of the vaccine supply chain. These all remain issues in 2021," Sudeep Das, Security Software Technical Sales Leader, Technology Sales, India/South Asia, said in a statement.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, February 24 2021. 22:49 IST
RECOMMENDED FOR YOU
.