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Data breach incidences in India were the second highest globally in 2018, according to a report by digital security firm Gemalto. [ 1 ] [ 2 ] With over 690 million internet subscribers [ 3 ] and growing, India has increasingly seen a rise in data breaches both in the private and public sector.
The biggest Indian bank, the State Bank of India, announced the blocking and replacement of almost 600,000 debit cards. [ 4 ] An audit performed by SISA Information Security reports that the breach was due to malware injected into the payment gateway network of Hitachi Payment Systems.
Adani Group scandal: In January 2023, Hindenburg Research revealed that it had short positions in India's Adani Group, alleged to be a close ally of Narendra Modi's administration, [97] and flagged debt and accounting concerns. Concurrently, Hindenburg released a report claiming that Indian conglomerate Adani Group "has engaged in a brazen ...
The Indian government said it was rescuing its citizens who were lured into employment in Cambodia and were being forced to participate in cyber fraud schemes. The Indian embassy in Cambodia is ...
The scheme to set up the Indian Cyber Crime Coordination Centre was approved in October 2018 by the Ministry of Home Affairs (India). It was inaugurated in New Delhi in January 2020 by Amit Shah, the Home Minister of India. [6] In June 2020, on the recommendation of I4C, the Government of India banned 59 Chinese origin mobile apps. [7] [8]
In 2021, the motive behind 60.8% of the cyber crimes was fraud, followed by sexual exploitation in 8.6% (4,555) cases and extortion in 5.4% (2,883) cases. [72] India ranked second globally in terms of cyber crimes on health systems in 2021, according to a report by CloudSEK, a company which predicts cyber threats.
Cybercrime encompasses a wide range of criminal activities that are carried out using digital devices and/or networks.These crimes involve the use of technology to commit fraud, identity theft, data breaches, computer viruses, scams, and expanded upon in other malicious acts.
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