India, which detected over 2 lakh ransomware assaults in 2023, is prone to see comparable onslaughts, cyber safety agency Kaspersky mentioned on Wednesday.
Kaspersky General Manager for South Asia Jaydeep Singh mentioned researches performed by the agency have proven that India is constantly among the many prime 12 focused international locations and territories for Advanced Persistent Threats (APTs).
“For three years in a row, file encryption has been the highest drawback confronted by enterprises and organisations worldwide and in India. From the essential ransomware assaults just like the Wannacry in 2017, we now have reached the period of Ransomware 3.0 the place we see triple extortion within the type of distributed denial-of-service (DDoS), reselling of information, and public blackmailing.
“This form of attack has a wider impact on the financial and reputation aspect of Indian companies,” Singh mentioned. Kaspersky claims to have detected over 2 lakh ransomware incidents on companies within the nation in 2023.
According to the corporate, main ransomware teams reminiscent of Fonix and LockBit focused international in addition to Indian organisations in varied sectors, together with manufacturing, retail, agriculture, media, and healthcare.
Singh mentioned amid the evolving risk of ransomware towards the IT and OT techniques in India, Kaspersky highlights the pressing want for stronger cybersecurity defences by deploying risk intelligence capabilities.
Kaspersky Head of Presales for South Asia Arun Gantayat mentioned, “In the digital landscape of India, where Industry 4.0 converges with traditional manufacturing, the heartbeat of progress lies in the fusion of Threat Intelligence and Industrial Cybersecurity,” Gantayat mentioned.
Source: www.zeebiz.com