Tag: phishing

  • Cyber Attacks: India the Third Most Cyber-Attacked Nation

    The digital world has made our life easier and faster. Nowadays, anything is possible with just a click or a touch. It wouldn’t be wrong to say, that our life revolves around the internet. Every business, organisations, and companies are on the internet. However, with the increase in the use of the internet in the world, we have seen a drastic increase in cybercrime as well. Many organisations and faced cyber-attacks on them.

    Firstly we need to understand what a cyber-attack is. A cyber-attack can be defined as a malicious activity or planned attempt by any organization or an individual to steal or corrupt the information of the system of another organization or individual. Cybercriminals or hackers generally use various methods to attack the system; some of them are malware, ransomware, phishing, denial of service, and other methods. In this article, we will talk everything about India being the third most cyber-attacked nation and what steps the Government has taken. So, let’s take a look at them.

    Types of Cyber Attacks
    Reasons Behind Cyber Attacks
    Biggest Cyber Attacks in India
    Steps Taken by Indian Government

    Types of Cyber Attacks

    Cyber attacks are done in many forms by criminals and hackers and some of them are defined below:

    Malware

    Malware can be known as malicious software, which includes spyware, viruses, worms, and ransomware. Malware violates laws and launches a network through a vulnerability, generally happens when a person clicks on a minacious link or email attachment that then installs the risky software into your system without your permission. Once this software attacks your system, the malicious software can manage to do things such as install some more malicious and additional harmful software, can obtain and spy on all the information present on the hard disk, can disrupt some components of the system, and can block your access to manage some important components of a computer network.

    Phishing

    It is a cyber-crime in which a target receives an Email, telephonic call, or a text SMS by someone who pretends to be a lawful organization or institute to lure the targets into providing essential data and sensitive information such as banking details, credit cards, and debit card details, personal information, and various account passwords. Then these details are used by the attacker to access the information-which can further result in financial loss, cyberbullying, cyber blackmailing, and identity theft.

    Man-In-The-Middle Attack

    This cyber-attack is also known as eavesdropping, takes place when attackers insert themselves in between transactions of two-party. Once the attacker interrupts the traffic, they can rectify and steal information. On less secure public Wi-Fi, attackers can indulge themselves between a visitor device and the network through the same Wi-Fi connection. Without having an idea, the user passes all information through the attacker- after the malware reaches inside the device, the attacker can install malicious software to steal all of the victim’s data.

    Denial-Of-Service Attack

    DoS is a cyber-attack that is meant to shut down a server, network, and machine by making them inaccessible to the right users. DoS floods the target with traffic, or it just sends irrelevant information that triggers a crash of the server or network.  Sometimes attackers can also use multiple compromised devices to attack. This is known as Denial-of-service (DoS).

    SQL Injection

    Structured Query Language Injection is a cyber-attack that takes place when the attackers insert the malicious coding inside the server that takes over the SQL and forces the system server to disclose the crucial information and data. SQL Injection destroys the database, and the attacker can modify or delete the data stored in the database, causing persistent changes to the application behavior or content.

    DNS Tunneling

    It is the most damaging DNS attack. Domain Name Systems turns into a hacking weapon. DNS tunneling is a cyber-attack where the hacker or attacker encodes the information of other protocols or programs in DNS queries and responses. DNS tunnelling generally holds data payloads-which can be added to an attacked DNS server and is used to control applications and remote servers.

    Reasons Behind Cyber Attacks

    There are several reasons why these cyber attacks take place and they are:

    • To gain business financial details.
    • To gain customer financial information (for example- Bank details).
    • To gain product design or trade secrets.
    • To gain login credentials and email addresses of various customers or staff.
    • To gain or steal sensitive personal information.
    • To make a social or political point.
    • To destroy a business competitor.
    • For financial gains.
    • Cyber-warfare: It is a war caused by the Internet to leak information.

    Biggest Cyber Attacks in India

    SIM Swap Scam

    In Mumbai, two hackers were arrested for transferring almost 4 crore rupees from various bank accounts in August 2018. They illegally transferred money from the bank accounts of numerous individuals just by gaining SIM card information. Both the hackers blocked individual SIM cards, and with the support of fake documentation, they pulled out transactions with the help of online banking. Various company accounts were also on the target.

    Hacking of Indian Healthcare Websites

    In 2019, Health Care websites became the target of cyber-attack. As confirmed by US-based cybersecurity firms, hackers broke in and invaded a leading India-based healthcare website. The hackers were able to steal the information of about 68 lakh patients as well as doctors.

    Hacking of UIDAI Aadhaar Software

    In 2018, around 1.1 billion Aadhaar cardholders’ personal information was breached. According to data by UIDAI, more than 210 websites leaked the essential Aadhar details online. Data leaked included Aadhaar, mobile numbers, PAN, bank account numbers, IFSC codes, and mostly all the personal data of all individual Aadhaar cardholders. If it was not quite shocking, some anonymous hacker was selling the Aadhaar information of individuals for 500 rupees through WhatsApp.

    ATM System Hacked

    In 2018, cyber attackers targeted the ATM servers of Canara Bank. Almost around 20 lakh rupees were stolen from various accounts of Canara Bank account holders. There were around 50 targets estimated according to information provided by the source. The cyber attackers were able to steal the ATM details of around more than 300 account holders. Hackers were using skimmed devices to wipe out the information from debit cardholders. The transactions made by hackers from various accounts amounted from 10,000 rupees to a maximum amount of 40,000 rupees.

    Cosmos Bank Cyber Attack in Pune

    Attacked by hackers in the year 2018. The cyber-attackers pulled off almost 94.42 crore rupees from Cosmos Cooperative Bank, which shook the entire banking sector of India. Hackers were able to steal huge amounts by hacking the ATM server of the Bank and gathering the information of debit cardholders and visa details. Hackers from around 28 countries immediately withdrew all the money as soon as they were informed.

    Global Weekly Cyber Attacks per Organisation
    Global Weekly Cyber Attacks per Organisation

    Steps Taken by Indian Government

    To counter these attacks, the Government of India has taken a few steps to secure companies and organisation from being victim.

    Personal Data Protection Bill

    The bill implies the processing and storage of any critical data related to individuals living only in India. It majorly states that the sensitive and essential personal information of the individual should be stored locally; however, it can only be processed abroad under some terms and conditions. The bill also focuses on making social media companies more accountable and urging them to solve issues related to the spread of irrelevant and offensive content on the internet.

    Website Audit

    Surrounded by the rising number of government website hacking, data theft, email phishing, and privacy breach cases in India, the Indian government has taken initiatives to conduct an audit on all of the websites and applications of the government. Under this initiative by the Indian government, around 90 security auditing organizations have been enlisted by the government for auditing the best practices of information security of the Indian government data.

    CERT-In

    The advancing Indian Computer Emergency Response Team (CERT-In), which is responsible for operating the national agency for handling cybersecurity, has helped in decreasing the rate of cyber-attacks on government networks and servers in India. The implementation of cybersecurity awareness and anti-phishing training across Indian government organizations and agencies has assisted employees working in technological department of government sectors in fighting cybercrimes. Apart from spreading awareness of the hazard caused by phishing attacks to the public, CERT-In has issued advisories and alerts regarding the latest cyber countermeasures and vulnerabilities to counter and tackle them.

    Cyber Surakshit Bharat

    India aims to strengthen the cybersecurity ecosystem in coordination with the government’s vision for making Digital India. The Ministry of Electronics and Information Technology has come up with the Cyber Surakshit Bharat movement. This program is in association with the National e-Governance Division of India. Indian governance system has transformed digitalization rapidly; therefore, the requirement of good governance is important. With such an initiative by the government, there would be an increase in awareness against cybercrime and building the capacity for securing the CISOs and the frontline IT staff across all government organizations in India. Apart from just awareness, the first public-private partnership also includes a series of some workshops to make government employees fight against cybercrimes and help professionals with cyber security health tool kits to take down cyber threats.

    Conclusion

    Cyber-attacks have now become a weapon to launch attacks on different organisations. Mainly they are done to attain secrets of organisations or Governments. Unfortunately, because of this India has become prone to cyber-attack and in 2020, it recorded 1.16 million breaches alone. Some steps have been taken to counter these attacks, however more and more strong cyber security is needed.

    FAQs

    Which countries get cyber attacked the most?

    Top 3 countries that cyber attacked the most are:

    • Japan
    • Australia
    • India

    What do you mean by Cyber Attacks?

    A cyber-attack can be defined as a malicious activity or planned attempt by any organization or an individual to steal or corrupt the information of the system of another organization or individual.

    Which country is the best for cybersecurity?

    Sweden has suffered the lowest rate of malware infection. It is considered as one of the best country with cybersecurity.

  • Why Password manager is Essential for your Business in 2021

    Password Managers are considered to be essential even if it for your personal use or a business. In the recent years with the increase of cyber crimes and various other cyber related activities, it is always wise to choose a password manager for your business or an enterprise. Let’s look at some of the reasons why password management is important for your business.

    Strong passwords
    Unique Passwords
    Remembering passwords
    Password Retrievals
    Browser Password management
    Phishing attacks
    Multi-factor authentication and syncing of devices
    FAQ

    Strong passwords

    Your employees are most likely not to use any strong passwords. Most of them would not like to create new passwords and most likely they would choose to go with a simpler one. As we tend to forget passwords many of us use the password that we have already used across various platforms.

    Nowadays with password-cracking software, it is easy to crack all the passwords and it is said that passwords which were considered strong and safe 5 years back are considered to be easy to crack now. Hence password manager is important for setting up of strong passwords and automation of logins.


    India- Third most affected country due to cyber attacks.
    Firstly we need to understand that what a cyber-attack is- A cyber-attack can bedefined as the malicious activity or planned attempt by any organization or anindividual to steal or corrupt the information of the system of anotherorganization or individual. Cybercriminals or hackers generally use …


    Unique Passwords

    You will have to invest some of your time to create a unique password and most of them would randomly make a unique password. The carelessness of some employees may lead to the breach of data. Passwords aren’t considered secure unless and until it has 12 characters with a combination of upper, lower case, special characters, and numbers.

    Some of them would take initiative and patience to create a unique password but they will have to ensure that they memorize them. Because of this the people again try to repeat the same passwords across different platforms.

    Password managers have inbuilt algorithms that can generate unique passwords and store them securely which will let you use the platforms without remembering the passwords.

    Remembering passwords

    Most of the companies try to make a secure environment by asking the employees to change passwords after regular intervals. This sounds to be secure, but when put into practical use it is not.

    When the employees are asked for a frequent password change, your employees would find it hard to remember and they would save the passwords for an easy access to it.

    They may note it down in some platform or physically write it down. This is again considered to be risky. Whereas the password managers provide an option to not have to remember the passwords.


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    Password Retrievals

    It is considered by the IT departments that the major task they undertake is retrieving the passwords on a daily basis. The employees may forget their passwords because of frequent changing of passwords or because they tried creating a unique password and couldn’t memorize it.

    The retrieval of passwords would take a lot of time of the help desk and this is not a cost-effective task for a company. Whereas password managers have features where you wouldn’t have to remember or memorize your unique password.

    Browser Password management

    Most of the browsers offer a feature for password management. They will provide you an option to remember your passwords, so that you can easily log in to your frequently used platforms. But this is not a password manager and does not ensure safety. This feature is only for ease of use of the browser and to increase the number of people to use the browser.

    It means that your login credentials and details are easily accessible by any hacker and are left out in the open.

    Cost of data breach in India
    Cost of data breach in India

    Phishing attacks

    Phishing attacks are the most effective ways through which cyber criminals try getting access to your login credentials. Phishing emails or forwarded messages would seem like its from a legitimate source. But that actually is a way to get access to your login credential and will solely capture your passwords.

    Phishing Attack
    Phishing Attack

    It is most likely that a human being gets into a phishing attack than a password manager. Password managers will have a record of trusted websites and if the domain name doesn’t match, they wouldn’t provide the login credentials.


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    Multi-factor authentication and syncing of devices

    You will most probably need to login through various devices such as mobile phones, desktops, tablets, etc. and there are no specific platforms or an application which will easily let you login through devices other than password managers. Password managers will provide an option to sync between various devices of your choice.

    Two-factor authentication provides an extra layer of security to your passwords. It is a feature which is provided by various password managers which uses an extra step to access your login credentials such as answering a question or sending an OTP to your mobile phone. This will add an extra layer of protection to every data stored in your password manager.

    FAQ

    Is it good to have a password manager?

    Many people re-use the same password on multiple websites. Password managers makes it possible and easy to use a different random password for every account.

    Can malware change your password?

    A malware in your computer with the help of the third party could reset your passwords on other websites and gain access to almost any of your online accounts.

    What is the best Password Manager 2020?

    LastPass is considered the best Password Manager, because of its ease of use convenience, security and price.

    Conclusion

    There are a lot more benefits of using a password manager for your business.  It can be one of the effective tools which are required by your business.

  • Top 5 Technologies That Can Change The Future Of Cybersecurity

    Cybersecurity is at the tipping point entering 2021. Advances in AI and ML are accelerating its technological progress. Technology which can take us forward and empower us, can also show the flip side that is Cyber Crime. By creating cybersecurity systems that encourage diversity and value equality, we can help ensure that technology, innovation, and the future, will be better. We’ve listed technology used in cyber security in this article.

    These evolving Cyber security technologies list can help protect your organization.

    The future of cybersecurity is in high-speed quantum encryption as Cyber war-fare gets graver day-by-day.

    Top 5 Emerging Technologies That Are The Future Of Cybersecurity
    Challenges That Organizations Face With Cybersecurity

    If we look at some trends, then it’s observed that cybercrime is costing organizations on average $3.9 million of data breaches every year around the world. Global scalability of Cybercrime is becoming easier for attackers, as criminals find new business models. It is one of the reasons that 55% of the organizations work together with external partners to reduce security risks.

    Technology and security go hand in hand. There’s always have been a war between data defenders and data thieves, so you have to take a stand and be infosec warriors. Here is list of top 5 emerging security technologies that may be of great help.

    Top 5 Emerging Technologies That Are The Future Of Cybersecurity

    Hardware Authentication

    Hardware Authentication is the future of cybersecurity. This approach is used as user authentication that relies on a device like smartphones, laptops, or any hardware systems held by an authorized user. This could be in the form of a basic password or fingerprints to grant access to the device.

    The dearth of usernames and passwords are well known, so, a more secure form of authentication is needed. Hardware authentication is an important feature for the Internet of Things (IoT), where a network wants to ensure that the thing trying to gain access to it is something that should have access to it.

    One limitation of hardware authentication devices is that they can be lost or stolen, which can create login issues for users.


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    Artificial Intelligence & Machine Learning

    AI is compared as technology that appears to emulate human performance typically by learning, including conclusions, analyzing complex content, engaging in natural dialog with people, enhancing human cognitive performance and, the major one is replacing people on execution of non-routine tasks.

    AI technologies can be used to protect data against increasingly sophisticated and malicious malware, ransomware, and social engineering attacks. AI is not conscious yet, but there is likely a future in AI cognitive autonomy in predicting and mitigating cyber-attacks.


    Rediscover the technology behind cybersecurity

    If we look otherwise AI and ML go hand in hand in every respect. It basically gets a computer to act without much programming. It combines with AI and is one of the rapid automation of predictive analytics.

    ML can provide the fastest way to identify new cyber-attacks, draw statistical inferences, and push that information to endpoint security platforms. Threat intelligence is one of the special cases where AI and ML can be an important functionality for cybersecurity. AI and ML could help with identity management by cross-checking the veracity of data across multiple fragmented databases. Hence, AI and ML are definitely the future of the cybersecurity.

    % of AI Cybersecurity for the folloeing areas in organisation - The Future Of Cybersecurity
    % of AI Cybersecurity for the folloeing areas in organisation

    Automated and Adaptive Networks

    Automated networks can change the future of cybersecurity. Automation allows for scanning and monitoring of connected networks that can report on deviations and anomalies in real-time. The automatic updating of Defence framework layers i.e. network, endpoint, firewalls, payload and anti-virus; and diagnostic and forensics analysis for cybersecurity. AI and ML can be one of the major components and support applications of these networks.

    Cyber Security Competence Survey in different areas - The Future of Cybersecurity
    Cyber Security Competence Survey in different areas

    Blockchain Cybersecurity

    It is one of the potentially strong cybersecurity technologies that’s rising stupendously. The blockchain technology works on the basis of identification between two transaction parties so this type of security works on the basis of peer-to-peer fundamentals. It offers authentication and resolving a single point of attack simultaneously.

    With the help of blockchain technology, a security system used in a company can leverage a distributed public key infrastructure for authenticating devices and users. The use of Blockchain technology with AI can set-up a robust authenticated verification system to keep potential cyber threats at bay. It’s the future of cybersecurity.


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    Zero-Trust Model

    Zero Trust model is a response to a breakdown in traditional security models. The zero-trust security model is based on the principle of maintaining strict access controls and not trusting anyone by default, even those already inside the network perimeter. The goal is to use authentication throughout the course to re-ensure security—but in a thoughtful and limited manner, to avoid unduly burdening the user. The key is to know when a re-authentication has actually become necessary due to some malicious or simply anomalous event taking place. This is how the combination of identity technology with application and API protection technology comes into play.

    In spite of these technologies and many more upcoming smart cybersecurity techniques, organizations do face a lot of phishing scams. So, have you ever wondered how these Malware actually look like or what are the challenges?


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    Challenges That Organizations Face With Cybersecurity

    • Continuous Security Incidences And Breaches
    • Ineffective Responses And Security Protocols
    • Too Few Responders are Available for 24/7 Support
    • Employees are Afraid of Security Threats at Work
    • Many Organizations are still Unprepared For Security Threats
    • Phishing Scammers Target Senior Decision-Makers
    • Increased Weekly Volume of Suspicious Emails
    • Lack of Training about Security Threats and Scams
    To Strengthen Cybersecurity - The future of Cybersecurity
    To Strengthen Cybersecurity

    The upsurge in technology and digital connectivity and more and more cyber-threats has promulgated the need for smart cybersecurity. Smart Cybersecurity is an intellect reflex to manage risk by lessening security gaps that often occurred by reliance on manual processes that are impacted by a continual cybersecurity skills shortage and the administrative burdens of data security management.

    A myriad of upcoming technologies can help us enhance cybersecurity and guide the increasingly malicious and disruptive cyber threat landscape.

    Frequently Asked Questions – FAQs

    Does cybersecurity have a future?

    Cybersecurity is at the tipping point entering 2020. Advances in AI and ML are accelerating its technological progress. Technology which can take us forward and empower us, can also show the flip side that is Cyber Crime. By creating cybersecurity systems that encourage diversity and value equality now, we can help to ensure that technology, innovation, and the future, will be better.

    Will cybersecurity die?

    Cybersecurity will never die. Cybersecurity is at the tipping point entering 2020. Advances in AI and ML are accelerating its technological progress. Technology which can take us forward and empower us, can also show the flip side that is Cyber Crime. By creating cybersecurity systems that encourage diversity and value equality now, we can help to ensure that technology, innovation, and the future, will be better.

    Is cybersecurity a good field?

    Yes, definitely cybersecurity is one of the growing things in India. Cybersecurity is at the tipping point entering 2020. Advances in AI and ML are accelerating its technological progress.

    Why AI is the future of cybersecurity?

    AI is compared as a technology that appears to emulate human performance typically by learning, including conclusions, analyzing complex content, engaging in natural dialogs with people, enhancing human cognitive performance and, the major one is replacing people on execution of non-routine tasks. AI technologies can be used to protect data against increasingly sophisticated and malicious malware, ransomware, and social engineering attacks. AI is not conscious yet, but there is likely a future in AI cognitive autonomy in predicting and mitigating cyber-attacks.

    Will AI take over cyber security?

    No, AI technologies can be used to protect data against increasingly sophisticated and malicious malware, ransomware, and social engineering attacks but cannot fully overtake cybersecurity. AI is not conscious yet, but there is likely a future in AI cognitive autonomy in predicting and mitigating cyber-attacks.