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McAfee Official Says, India Needs A More Secured Cybersecurity Ecosystem

India now has the National Cyber Coordination Centre

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Microsoft Cybersecurity
Cybersecurity, Pixabay

Although India has become more active when it comes to cybersecurity, the country needs to put all the pieces together to protect businesses via a foolproof ecosystem, a top executive from cybersecurity firm McAfee has stressed.

“India is interacting a lot with neighbours, coordinating with them via strategic MoUs on cybersecurity but there are few things that need to be patched to be able to respond faster and better to cyber attacks,” Ian Yip, Chief Technology Officer, Asia Pacific at McAfee, told IANS.

In a recent report released by the Australian Security Policy Institute, India ranked 10th on cyber security globally.

“The 10th rank globally is not that bad and there is room for improvement. India is in a good place to make those improvements by collaborating with all the stakeholders including cyber security firms,” Yip added.

India now has the National Cyber Coordination Centre, apart from a general computer emergency response team (CERT) and a separate CERT to protect the Banking, Financial services and Insurance (BFSI) sector.

According to Yip, there is now a full-fledged secondary market with cybercrime-as-a-service, helping cybercriminals leverage capabilities from fellow attackers and use advanced malware techniques to target enterprises.

Logo of McAfee
Logo of McAfee, flickr

“Cyber attackers have the capability to use some of the more advanced techniques. There is a secondary market with cybercrime-as-a-service, where they can leverage the capability of other criminals into the attack mechanisms,” Yip noted.

Apart from rising ransomware attacks, cryptojacking is now a big threat to companies.

Cryptocurrency mining is rising, said the executive, owing to the increase in the cryptocurrency value.

“Cryptojacking is more harmful for businesses and individuals than ransomware because it increases the cost of ransom,” Yip added.

The fourth quarter of 2017 saw a spike in the Bitcoin value, driving cybercriminals to focus on cryptocurrency hijacking through a variety of methods and was defined by rapid cybercriminal adoption of newer tools and schemes, a new McAfee report said recently.

According to Yip, the next big wave of innovation in cybersecurity solution is Machine Learning (ML) and Artificial Intelligence (AI) solutions.

Cyber security
Cyber security, Pixabay

Also read: Google won’t develop deadly AI weapons but help military

“There is urgent need to automate, orchestrate and integrate as much of security infrastructure as possible amid skill shortage. Cyber attackers are now also trying to leverage the potential of New-Age technologies,” he noted. (IANS)

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LAVA Launches New Budget Smartphone Z62 in India

Connectivity options on the device include Wi-Fi and GPS. Sensors on the phone include accelerometer and fingerprint sensor

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The 2GB RAM variant of the phone would be launched in August, the company said in a statement.
Lava unveils new feature phone. IANS

Domestic smartphone manufacturer Lava on Friday launched its new budget smartphone Lava Z62 for Rs 6,060 in India.

The phone comes with a 6-inch touchscreen display and is powered by a 3,380 mAh battery.

“The device also comes with a dedicated Google Assistant key, thus, allowing users to use a variety of apps and features at the click of a button using their voice command,” the company said in a statement.

new phone, lava
The mobile phone supports English, Hindi, Tamil, Bengali, Gujarati and Punjabi. Wikimedia Commons

As far as the cameras are concerned, the device on the rear packs an 8MP camera and a 5MP camera on the front.

Also Read- Tech Giant Apple Working on New MacBook, Suggests Registrations

Connectivity options on the device include Wi-Fi and GPS. Sensors on the phone include accelerometer and fingerprint sensor. (IANS)