Thursday August 16, 2018
Home India Significant R...

Significant Rise in Cyber attacks on e-wallets aims to steal data than to disrupt operations: Report

After the demonitasition issue, e-wallet companies grew from 512,115,015 hits per day in September to 1,264,470,283 hits per day in February in the country

0
//
95
popular apps, wikimedia
Republish
Reprint

New Delhi, March 15, 2017: As traffic to e-wallet platforms grows, there has been a significant increase in cyber attacks on online payment gateways to steal data than to disrupt operations, a new report said on Wednesday.

According to the data provided by global leader in content delivery network (CDN) services Akamai Technologies, hits to web pages on e-wallet companies grew from 512,115,015 per day in September to 1,264,470,283 per day in February in the country.
Akamai in India analysed the growth in traffic volume to India’s e-wallet sites on the Akamai Intelligent Platform, three months before and three months after the demonetisation announcement.

NewsGram brings to you latest new stories in India.

“Nearly 94 per cent of attack attempts on mobile wallet companies were on the application layer (XSS and RFI attacks) with intent to steal business critical data,” the report added.

Distributed Denial of Service or DDoS attacks were insignificant in comparison to the overall number of attacks observed, the report noted.

DDoS attempts on these wallets constituted less than 1 per cent of the total number of attempts in this time period, emphasising the fact that attacks were intended to steal data and not necessarily disrupt operations of mobile wallet firms.

Go to NewsGram and check out news related to political current issues.

According to Akamai’s recent “State of The Internet Security” report for Q4 2016, India is second in the list of countries in Asia Pacific that sourced the most web application attack traffic with nearly 86,38,666 attacks attributed as originating from the country, after China.

Look for latest news from India in NewsGram.

India also ranks fourth in the list of target countries for web application attacks globally, the report said. (IANS)

Click here for reuse options!
Copyright 2017 NewsGram

Next Story

Aadhaar Helpline Mystery: French Security Expert Tweets of doing a Full Disclosure Tomorrow about Code of the Google SetUP Wizard App

0
Google Along with Other SSocial Media Giants will Face The Lawmakers, Wikimedia Commons
Google Along with Other SSocial Media Giants will Face The Lawmakers, Wikimedia Commons

Google’s admission that it had in 2014 inadvertently coded the 112 distress number and the UIDAI helpline number into its setup wizard for Android devices triggered another controversy on Saturday as India’s telecom regulator had only recommended the use of 112 as an emergency number in April 2015.

After a large section of smartphone users in India saw a toll-free helpline number of UIDAI saved in their phone-books by default, Google issued a statement, saying its “internal review revealed that in 2014, the then UIDAI helpline number and the 112 distress helpline number were inadvertently coded into the SetUp wizard of the Android release given to OEMs for use in India and has remained there since”.

Aadhaar Helpline Number Mystery: French security expert tweets of doing a full disclosure tomorrow about Code of the Google SetUP Wizard App, Image: Wikimedia Commons.

However, the Telecom Regulatory Authority of India (TRAI) recommended only in April 2015 that the number 112 be adopted as the single emergency number for the country.

According to Google, “since the numbers get listed on a user’s contact list, these get  transferred accordingly to the contacts on any new device”.

Google was yet to comment on the new development.

Meanwhile, French security expert that goes by the name of Elliot Alderson and has been at the core of the entire Aadhaar controversy, tweeted on Saturday: “I just found something interesting. I will probably do full disclosure tomorrow”.

“I’m digging into the code of the @Google SetupWizard app and I found that”.

“As far as I can see this object is not used in the current code, so there is no implications. This is just a poor coding practice in term of security,” he further tweeted.

On Friday, both the Unique Identification Authority of India (UIDAI) as well as the telecom operators washed their hand of the issue.

While the telecom industry denied any role in the strange incident, the UIDAI said that he strange incident, the UIDAI said that some vested interests were trying to create “unwarranted confusion” in the public and clarified that it had not asked any manufacturer or telecom service provider to provide any such facility.

Twitter was abuzz with the new development after a huge uproar due to Telecom Regulatory Authority of India (TRAI) Chairman R.S. Sharma’s open Aadhaar challenge to critics and hackers.

Ethical hackers exposed at least 14 personal details of the TRAI Chairman, including mobile numbers, home address, date of birth, PAN number and voter ID among others. (IANS)

Also Read: Why India Is Still Nowhere Near Securing Its Citizens’ Data?