There has been a 350% surge in cyber crime cases registered in India*. From crude phishing emails to sophisticated malware attacks, the thefts are designed to steal private data or disrupt access to your systems
Factors like high-speed internet connectivity, increase in smartphones usage, and lack of awareness about Internet security often play a role in consumers falling prey to cyber criminals.
A century ago, a suggestion that people all over the world will interact and exchange information irrespective of physical and geographical distances would have been ridiculed as mere fantasy. Today, the cyber world has transformed our lives.
However, the technology that allows you to communicate with a friend on the other side of the world can also be used for con you into disclosing private information online.
Today, online shopping has become the preferred option for purchasing different products and services. Ecommerce sites allow you to compare numerous options from the comforts of your home or office. Further, buying online is a lot cheaper than buying from brick-and-mortar stores. However, online shopping will be fun and profitable only if cyber safety is given importance. One must keep the following precautions in mind to enjoy a risk-free online shopping experience.
The Smartphone Users Worldwide 2012 – 2017 report by eMarketer has indicated that a by the year 2018 a third of the world’s population will comprise smartphone users. The report also predicts that more than half of all conventional mobile phone users would have switched loyalties to smartphones by 2018.
Based on the current rate, India is set to become the second-largest base of smartphone users, more than 200 million, by 2016. Further, the report has indicated that more than nine out of ten Internet users shall access the web through their mobiles phones by 2017.
According to the 2013 Norton Report which covered over 13,000 respondents from 24 countries, almost half the respondents used their personal computing devices for work-related activities. Further, close to 50% of the respondents admitted that they were using their computers and smartphones without implementing safety measures like use of strong passwords and installation of security softwares. This has made them attractive targets/sitting ducks for attackers.
Ransomware, as the name suggests, is a computer malware that prevents users from accessing their computer systems unless they pay a ransom to the cybercriminals. Unlike other viruses where users have to spend money to remove adware and other malware installed in the system, ransomware requires the user to literally buy back their access to their own computers. It is the cyber version of blackmail where criminals force individuals to pay a ransom to recover their loved ones or precious belongings.
According to the 2014 Review by RSA, the security division of EMC Corporation, Indian Internet users are increasingly targets of phishing attacks on the Internet.
Such attacks have resulted in losses of $15 million for Indian surfers in just the first six months of the previous year. Rising computer and smartphone usage and broadband Internet penetration is putting India at risk of further increase in phishing attacks. It costs only $75 for hackers to send 500,000 phishing emails which means that one just cannot afford to underestimate this problem.
Banking, with its rigid rules, detailed procedures, odious paperwork, and technical jargon, was always considered as something best left to our parents to worry about. While banking processes have not become simpler, improvements in technology have made it easier and more convenient to perform routine transactions.
Section 66 of India’s Information Technology Act defines identity theft as use of electronic signature, password or any other unique identification feature of a person for dishonest or fraudulent purposes.
It’s the start of the summer vacations, a time of the year when your child has a lot of free time and stays glued to the devices either playing games or watching videos. With a third of India’s population aged less than 14 years, online safety for children is an issue of paramount importance.