Present Status of Cyber Security

  • Cyber, which is often referred to as the fifth domain of warfare, is now largely being employed against civilian targets, bringing the war into our homes.
  • Most nations have been concentrating mainly on erecting cyber defences to protect military and strategic targets, but this will now need to change.
  • Ransomware attacks have skyrocketed, with demands and payments going into multi-millions of dollars. India figures prominently in this list, being one of the most affected.
  • Banking and financial services were most prone to ransomware attacks till date, but oil, electricity grids, and lately, health care, have begun to figure prominently.
  • The Covid-19 pandemic has increased cyber-crimes in India by 500% and India is one of the top 3 attacked countries in the world as far as cyber-attacks are concerned.
  • There are emerging threats from the proliferation of new technologies like drones and IoT devices.
  • Cybercrimes in India caused Rs 1.25 trillion loss in 2019.