Friday December 13, 2019
Home Lead Story Over 76 perce...

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

0
//
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.

ALSO READ: Social Media Becomes Major Battleground For Political Parties,Twitter Starts Showing Billing Details Of Political Ads

“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)

Next Story

Here’s How Cyber Attackers Compose BEC Attacks

Cyber criminals execute business email compromise attacks during business hours

0
Cyber attacks on BEC
Over 90 per cent of business email compromise (BEC) cyber attacks take place on weekdays. Pixabay

Over 90 per cent of business email compromise (BEC) attacks take place on weekdays, with many being sent during typical business hours for the targeted organisation to make them more convincing, says a new study.

The research by US-based cyber security firm Barracuda Networks showed that 85 per cent of business email compromise attacks are urgent requests designed to get a fast response.

The average BEC attack targets no more than six employees, and 94.5 per cent of all attacks target less than 25 people, titled “Spear Phishing: Top Threats and Trends Vol. 3”.

“Attackers continue to find new ways to make business email compromise attacks more convincing, ultimately making them more costly and damaging to businesses,” Don MacLennan, Senior Vice President, Email Protection, Engineering and Product Management, Barracuda, said in a statement.

Cyber crime
The average BEC cyber attack targets no more than six employees. Pixabay

“Taking the proper precautions and staying informed about the tactics cybercriminals are using will help organisations defend themselves more effectively against these highly targeted attacks,” MacLennan said.

The report noted that business email compromise makes up a small percentage of spear-phishing attacks, but it has cost businesses more than $26 billion in the past four years, according to the Federal Bureau of Investigation (FBI) in the US.

Also Read- OnePlus Notifies People About Data Breach

Business email compromise attacks have high click-thru rates. One in 10 spear-phishing emails successfully tricks a user into clicking. That number triples for BEC attacks that impersonate someone within the organisation.

In the past 12 months, the average amount lost per organisation due to spear-phishing attacks was $270,000, said the report. (IANS)