Kumari Palany & Co

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300 percent increase in cyber crimes in India

Posted on: 26/Aug/2016 11:33:59 AM
A study has revealed that the cyber crimes during the least three years have been increased by 300 percent.
 
Assocham-PwC joint study said: Cyber crime cases in the country registered under the IT Act surged nearly 300 per cent between 2011 and 2014. Cyber attacks around the world are occurring at a greater frequency and intensity. Attackers can gain control of vital systems such as nuclear plants, railways, transportation or hospitals that can subsequently lead to dire consequences such as power failures, water pollution or floods, disruption of transportation systems and loss of life. 

With growing adoption of internet and smartphones India has emerged as one of the primary targets among cyber criminals. It pointed out that sustained and customary sharing of cyber security intelligence and insights is essential for improving the resiliency of these systems and processes from emerging cyber risks.

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