A report by the cybersecurity firm Check Point Software Technologies suggests that the sudden need to provide remote access to employees during lockdown has made India vulnerable to cyberattacks. There was a sudden surge in attacks during the third quarter of this year.
Since several Indian IT service companies made a sudden push to remote working, they were not able to scale up their infrastructure. Most of these companies made major infrastructure changes to their networks, leaving loopholes for cyberattacks.
The report lists India as the second hot target after the US. The company’s research has listed the top 5 countries most affected by ransomware attacks in the third quarter. After the US, Sri Lanka, Russia, and Turkey hold 3rd, 4th, and 5th position, respectively.
Check Point also conducted a survey. The results suggest that 71% of companies across the globe including India have reported an increase in cyberattacks from February to March 2020. Over 95% of these companies have faced new IT security challenges.
Sundar N Balasubramanian, SAARC Managing Director at Check Point said, “The pandemic outbreak resulted in lockdown restrictions being imposed, and working from home became a way of life for most employees. Organizations in India found themselves having to restructure their network and security fabrics overnight, compressing several years’ worth of IT changes into just a few weeks.”
The targeted ransomware attacks on healthcare and Pharma sector will increase in 2021 and beyond. The companies and organisations in Pharma and healthcare sector are busy testing their vaccines to fight Covid-19. Which makes them a lucrative target of cyberattackers.
India has witnessed a 39.2% increase in the number of attacks between the second and third quarter of this year. The top industries affected by the ransomware include manufacturing, government, military, software, healthcare, finance, and banking.