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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.
2012 Operation Ababil, a series of cyber attacks starting in 2012, targeting various American financial institutions and carried out by a group calling itself the Cyber fighters of Izz Ad-Din Al Qassam. 2013 Singapore cyberattacks, attack by Anonymous "in response to web censorship regulations in the country, specifically on news outlets"
In India, the Reserve Bank of India said that only 10 banks and NBFCs were affected by the outage; [152] [153] few banks use CrowdStrike tools and many banks' critical systems do not run on the cloud. NSE, BSE, [153] and India's largest bank, State Bank of India, said they were unaffected. [154] In Brazil, Bradesco Bank confirmed it was ...
Since then, India and Pakistan were engaged in a long-term dispute over Kashmir which moved into cyberspace. Historical accounts indicated that each country's hackers have been repeatedly involved in attacking each other's computing database system. The number of attacks has grown yearly: 45 in 1999, 133 in 2000, 275 by the end of August 2001. [9]
Major Companies Impacted by Data Breaches. Cybersecurity Awareness Month brings the financial impact of data breaches into sharp focus. In 2024, the average cost of a data breach soared to $4.88 ...
According to the agency, India faced 11.5 million cyberattack incidents in 2021 including corporate attacks, and attacks on critical infrastructure and government agencies. [ 14 ] On 4 December 2022, CERT-In was called in to investigate the cyber attack on All India Institute of Medical Sciences (AIIMS), Delhi.
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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.