Cyber attacks for Indian companies rise

Indian companies pursuing remote working policies need to deploy robust preventive measures to deal with the spike in the incidence of cyber attacks following the Covid-19 outbreak, said a Pwc report.

“Cyber attacks on Indian companies doubled between January and March 2020. February saw a sudden spike, most focused on exploiting vulnerable services and obtaining easy access to remote desktops.

“There were untargeted phishing campaigns too wherein attackers impersonated personnel from various agencies battling Covid-19. After two primary sustained waves in February, attack volumes fell to a median level,” the report said.

On the volume of attack, the report said that after March 15, when India witnessed rising Covid-19 cases, there was a massive wave of attacks targeting several Indian companies. “Many witnessed a 100 percent increase in attacks between February 17 and February 20,” the report added.

Given the current threat landscape, it said that companies utilising remote working policies need to deploy “robust preventive and detective technical measures” to deal with the increasing threat of cyber attacks.

Globally, the Covid-19 pandemic has caused widespread business disruptions, particularly due to business continuity via remote working. This makes organisations more vulnerable to rising cyber attacks.

Based on the pattern of attacks across Indian organisations, using data collected via logs and various other sensors, Pwc’s cyber security team analysed the cyber attacks on Indian entities in the last few weeks.

Siddharth Vishwanath, leader-cyber security, Pwc India, said with significant shifts to work from home or off-location operations, organisations are more focused on continuity of day-to-day operations than on plugging the gaps in the remote infrastructure.

―Telegraph India