- According to a report by security solutions provider Symantec, India has emerged as the third most vulnerable country in terms of risk of cyber threats, such as malware, spam and ransomware, in 2017.India has moved up one place over previous year (2016).
- The global threat ranking is based on eight metrics — malware, spam, phishing, bots, network attacks, web attacks, ransomware and cryptominers.
- In 2017, 5.09% of global threats detected were in India, slightly less than 5.11% in 2016. The U.S. (26.61%) was most vulnerable to such attacks, followed by China (10.95).
- As per the report, India continues to be second most impacted by spam and bots, third most impacted by network attacks, and fourth most impacted by ransomware.
- The report also pointed out that with the threat landscape becoming more diverse, attackers are working harder to discover new avenues of attack and cover their tracks while doing so.
- ”From the sudden spread of Wannacry and Petya/NotPetya, to the swift growth in coinminers, 2017 provided us with another reminder that digital security threats can come from new and unexpected sources,” stated the report.
- Cyber criminals are rapidly adding “cryptojacking” to their arsenal as the ransomware market becomes overpriced and overcrowded and it is rising as a real threat to cyber and personal security.
- Cryptojacking is defined as the secret use of your computing device to mine cryptocurrency.It is used to be confined to the victim unknowingly installing a program that secretly mines cryptocurrency.
Source: The Hindu