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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 ...
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.
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]
Cyberattacks on businesses are rising, including small businesses. According to the Verizon 2023 Data Breach Investigations Report, the median cost per ransomware attack — which features a type ...
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.
According to cybersecurity firm Mandiant, the MOVEit vulnerability began being used on May 27, 2023. [1]On May 31 Progress Software released a patch for the vulnerability and stated the vulnerability “could lead to escalated privileges and potential unauthorized access to the environment”.
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.
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