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Over 76 percent Indian Companies Strike by Cyber Attacks in 2018

IT managers discovered 39 per cent of their most significant cyber attacks on their organisation's servers and 34.5 per cent on its networks

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hacking, cyber attacks
More than 18 per cent threats discovered in India are on mobile devices, which is almost double than the global average. Pixabay

Over 76 per cent organisations in India were hit by cyber attacks in 2018 as IT security continued to be a major issue across the globe, global cyber security major Sophos said on Wednesday.

According to Sophos’ “7 Uncomfortable Truths of Endpoint Security” survey, IT managers are more likely to catch cyber criminals on their organisation’s servers and networks than anywhere else.

IT managers discovered 39 per cent of their most significant cyber attacks on their organisation’s servers and 34.5 per cent on its networks.

The survey was conducted on 3,000 IT decision-makers from mid-sized businesses in 12 countries including the US, Canada, Mexico, Colombia, Brazil, the UK, France, Germany, Australia, Japan, India and South Africa.

cyber attacks, hackers
IT managers discovered 39 per cent of their most significant cyber attacks on their organisation’s servers and 34.5 per cent on its networks. Pixabay

More than 18 per cent threats discovered in India are on mobile devices, which is almost double than the global average.

Also, 92 per cent Indian IT managers wished they had a stronger team in place to properly detect, investigate and respond to security incidents.

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“Server security stakes are at an all-time high with servers being used to store financial, employee, proprietary and other sensitive data. Today, IT managers need to focus on protecting business-critical servers to stop cyber criminals from getting on to the network,” Sunil Sharma, Managing Director, Sales at Sophos India and SAARC, said in a statement.

“They can’t ignore endpoints because most cyber attacks start there, yet a higher than expected amount of IT managers still can’t identify how threats are getting into the system and when.” (IANS)

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43 Percent Increase in Social Media Frauds in 2018: Study

According to researchers, fraud in the mobile channel has grown significantly over the last several years, with 70 per cent of artifice originating in the mobile channel in 2018

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social media frauds
With one out of five cyber attacks attributed to rogue mobile apps in 2018, RSA identified an average of 82 rogue mobile applications a day last year across popular app stores. Pixabay

In a sign that platforms like Facebook and WhatsApp are emerging as new public square for criminal deception, a study has found that social media fraud increased 43 per cent in 2018.

The results suggest that cyber criminals are increasingly relying on Facebook, Instagram, WhatsApp and other legitimate social media and messaging platforms to communicate with each other and sell stolen identities, credit card numbers and other ill-gotten gains.

social media
According to researchers, fraud in the mobile channel has grown significantly over the last several years, with 70 per cent of artifice originating in the mobile channel in 2018. Pixabay

Given the ease of use, absence of fees and other benefits of these platforms, continuation of this trend in 2019 should come as no surprise, said “Current State of Cybercrime – 2019” white paper, released by RSA Security.

Trade in stolen identities would gain greater momentum with more stores likely opening on legitimate platforms to sell this type of data, the study said.  According to researchers, fraud in the mobile channel has grown significantly over the last several years, with 70 per cent of artifice originating in the mobile channel in 2018.

social media
With one out of five cyber attacks attributed to rogue mobile apps in 2018, RSA identified an average of 82 rogue mobile applications a day last year across popular app stores. Pixabay

In particular, fraud from mobile apps increased 680 per cent between 2015 and 2018, said the study, adding the use of rogue mobile applications to defraud consumers was on the rise.

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With one out of five cyber attacks attributed to rogue mobile apps in 2018, RSA identified an average of 82 rogue mobile applications a day last year across popular app stores.

“We expect the popularity of the mobile channel for fraud will continue through 2019, especially as cyber criminals keep finding ways to introduce tactics and technologies such as phishing and malware to the mobile channel,” the report said. (IANS)