A much-delayed cyber security policy is only making things worse
A fourfold increase in cyber attacks in the last four years underscores how easily India Inc can be hacked. A much-delayed cyber security policy is only making things worse………...
If the government doesn’t ‘wake up’ and implement ‘urgent measures’ to thwart the threat of cyber attack, much of the destruction has a good chance of coming true………….
Just last week, the proliferation of another powerful malware, Flame, has poignantly raised important questions about India’s preparedness in handling a cyber security challenge. Over the last decade, the country has seen an increase in the number of cyber attacks, from 2,565 in 2008 to 8,266 in 2009 and 10,315 in 2010………….
Even viruses that don’t specifically target the Indian state, but originate abroad and then find their way here, can wreak havoc…………….
But, is India prepared to handle a coordinated cyber attack? Experts point out that a major flaw in the country’s cyber-security policy has been the absence of any comprehensive cyber security approach. As a result, the legal and law enforcement agencies of the country have been unable to maintain pace with the rapid growth of internet penetration in India and the world…………….
The risk is more pronounced for private companies, where loss of important data could mean a tremendous advantage for the competitor. “Everyone is vulnerable. However, if I have to rank in terms of merit, the IT/BPO sector has the highest standards of security because of the pressure of foreign countries, followed by banks and then telecom,” says Kamlesh Bajaj, CEO, Data Security Council of India and former head of Cert-in…………...
