Monday, November 30, 2020
Home Lead Story Here's Why Your Smartphone is on High Hacking Risk This Year

Here’s Why Your Smartphone is on High Hacking Risk This Year

Ninety-five per cent of cybersecurity breaches are expected to arise due to human error

There was 54 per cent increase in data breaches in 2019 as compared to 2018 and 2020 will see significant rise in the number of Smartphone-focused malware and banking Trojans, a new report has predicted.

With 5G and Internet of Things (IoT) devices arriving on the horizon, data speed will increase but the speed of cyber attacks would also rise, said the report from leading accounting and consulting firm Grant Thornton.

“Threat actors are expected to deploy advanced Artificial Intelligence (AI)-led attacks to boost the speed and impact of their campaigns. IoT will throw new challenges to data security,” said the report titled ‘Cyber Trends in 2019 and Predictions for 2020’.

“Cyber attacks are on the rise and will continue to rise. It’s not a matter of if but a matter of when. A framework-driven approach with continuous monitoring will help companies mature their cybersecurity posture and address incidents proactively,” said Akshay Garkel, Partner, Cybersecurity & IT Risk Advisory, Grant Thornton India LLP.

According to the report, cybersecurity incidents including cyber bullying have skyrocketed by more than six times from the last year and data analytics will be critical to predict crime patterns and to reduce cybercrimes.

The report expects the number of smartphone users in India to reach 673 million this year.

“Ninety-five per cent of cybersecurity breaches are expected to arise due to human error. Human-centric security continues to be a major concern and requires people-centric solutions as well as technology,” the findings showed.

Smartphone
There was 54 per cent increase in data breaches in 2019 as compared to 2018 and 2020 will see significant rise in the number of Smartphone-focused malware and banking Trojans, a new report has predicted. Pixabay

In 2019, 4.3 billion estimated records were breached as 34 per cent of reported cybersecurity breaches involved internal actors.

ALSO READ: Facebook ‘New Cigarettes’, Needs Regulation; Says Salesforce CEO

“Every 14 seconds, a ransomware attack was carried out on companies in 2019 while 71 per cent of reported breaches were financially motivated,” the report said. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,779FollowersFollow

Most Popular

UN Health Agency: Physical Activities Can Save Up To 5 Million Lives A Year

The World Health Organization is urging people to get moving and keep moving for better health.  The U.N. health agency says physical activity can...

WHO: Covid19 Threatens To Reverse Important Gains Made To Control Malaria

On World Malaria Day, the World Health Organization is calling on countries to step up the fight against malaria, saying the coronavirus pandemic threatens...

Divorces Impact Negatively Both On Physical And Mental Health

Going through a divorce is extremely challenging and now a new study reveals that it can negatively impact mental and physical health. The study,...

Women Face 20 Percent Risk Of Heart Failure Other Than Men

Researchers, including one of Indian-origin, have revealed that women face a 20 percent increased risk of developing heart failure or dying after the first...

Dev Deepawali 2020: All You Need To Know About This Festival

By Shweta Porwal The Dev Deepawali also is known as the Diwali of the Gods or Festival of lights for Gods. The festival is celebrated...

How Do You Know When It’s Time To Change Your Doctor

For holistic care of your health, you need a doctor who can treat you and offer useful suggestions. However, you cannot stick to one...

The Italian Cultural Centre Unveiled Its First Post-Lockdown Exhibition

The Italian Cultural Centre unveiled its first post-lockdown exhibition titled "Absent-Present" in New Delhi. The exhibition began earlier this month on November 3 and will...

Researchers Developed A Decentralized Wastewater Treatment And Recycling System

A team of interdisciplinary researchers from Scotland in collaboration with the Indian Institute of Science (IISc) have developed an efficient decentralized wastewater treatment and...

Recent Comments