‘Big firms, target of cyber criminals’

May 03, 2014 10:54 pm | Updated 10:54 pm IST - NEW DELHI:

India ranks third highest source of overall malicious activity globally, according to a report by data security solutions provider Symantec. Terming India ‘A key threat frontier’, the annual internet security threat report said 5.1 per cent of all malicious cyber activities in the world originated from India in 2013. At the top spot was the U.S. (20.33 per cent), followed by China (9.93 per cent). India is followed by the Netherlands (3.52 per cent), Germany (3.26 per cent), Russia (2.63 per cent), the U.K. (2.58 per cent), Brazil (2.53 per cent), Taiwan (2.45 per cent), and Italy (2.35 per cent), as per the report. Moreover, India continued to hold its position as the spam capital of the world.

According to the report, newer industries are low-hanging fruits for cybercriminals. In India, 39.92 per cent or nearly four in 10 attacks were carried out on non-traditional services industries such as hospitality, business and personal services. This was followed by attacks on manufacturing (33.33 per cent) and finance and insurance (11.11 per cent).

Cyber criminals, the report said, were unrelenting in their focus on large enterprises with a staggering 69 per cent targeted attacks carried out against them. “Despite stepping up their information security measures, businesses in India continue to be an attractive target for cybercriminals,” it noted. At the same time, it pointed out that small businesses received the highest number of phishing and virus-bearing emails. “Small and medium-sized businesses often have less adequate security practices and resources.

Attackers are increasingly targeting smaller businesses that have a relationship with a larger company,” the report said.

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