From data breaches to digital extortion, the Symantec Internet Security Threat Report of the year 2016 provides insights into the murky or cloudy world of digital threats.
In the report, it has been revealed about the organization shift by cyber criminals – corporate best practices are now being adopted by them and they are also establishing professional businesses just with the aim to increase or enhance the efficiency of their attack which happens against the enterprises.
While fueling the growth as well as enhancement of cyber crime, this new breed of cyber crooks or web criminals extends the reach of enterprise and also the customer threats.
In last year 2015, a new zero day vulnerability was being discovered every week. The total number of zero day vulnerabilities which was discovered was more than doubled to a record breaking 54, which is a 125 per cent increase from the last year. And this is exposing how organizations were prone to cyber attack very increasingly or can say number of being prone to cyber attacked got enhanced.
In the very mean time, malware or threats increased at a staggering rate with 430 million new variants of malware which was discovered in the last year 2015.
Cyber attackers target large as well as small businesses both. It is like on a blank canvas paint thrown randomly, attacks against the businesses and so both small and large businesses appear indiscriminate.
In last year 2015 over one in two attacks (which was around 52 per cent) were aimed at small businesses in India. And it proved that not matter what is the size of the company, all companies of various sizes are at high risk.
Tarun Kaura who is the Director of Solution Product Management for Japan and Asia Pacific, Symantec said in his own sentence that “Groups of advanced criminal attack, now echo the skill sets of mation state attackers. They has highly skilled technical staffs and extensive resources which operates with such efficiency and they maintain business hours normally like others and also takes work off for the the holidays and weekends”. He also added that “We are even seeing criminal attackers of low level which to increase the impact of their cyber scam, they create call center operations”.
In the year 2015, over half a billion personal information records were lost and several companies than not reporting ever the complete or full extent of their breaches of data. While 429 million people identities were exposed, number of companies who did not reported to chose to report the total number of records, their lost jumper by 85 per cent.
Indian organizations were the 6th most targeted organizations in Asia in the year 2015, with targeted companies on the end of receiving of two attack on an average. Highest risk prone sector was the Mining, when one company out of two companies were attacked at least once last year. Around 40 per cent of BFSI businesses were also attacked at least once in a year. India has gradually moved up the ranking over the last three years and it has moved to rank number three in the last year 2915 for most trojan infection all around the world or can say globally.
In the percentage of social media scams, India has witnessed a 156 per cent increase in the last year 2015. Every sixth scam impacted an Indian people and end up making India the most targeted country in Asia and at the second number in the entire world. A whooping, 94 per cent of such scams were used to get through manual sharing, which is proving India’s burgeoning population of social media which remains a favored target of online scammers.
Through Ransomware, digital extortion is on the rise in India. In the last year 2015, ransomware in India rose by 114 per cent out of which 10 per cent was crypto ransomware which actually poses a high threat to enterprises and consumers alike.
Resources found here : http://www.computerworld.in/slideshow/internet-security-indian-businesses-under-fire