India hit by surge in cyberattacks targeting critical infrastructure

TLDR

India’s critical infrastructure, including financial and government sectors, are facing a spike in cyberattacks, with the Reserve Bank of India warning about the increased digitization posing potential risks. Cyber incidents have increased in various sectors, with the financial sector, in particular, being targeted. The primary concerns for Indian organizations include cloud-related threats, attacks on connected devices, hack and leak operations, and software supply chain compromises.

Article Summary

India’s critical infrastructure, including the financial and government sectors, is experiencing a surge in cyberattacks, with the Reserve Bank of India highlighting the risks associated with increased digitization. Cyber incidents against finance and handled by the national CERT team have significantly increased, with most banks and non-bank financial companies considering cybersecurity a primary challenge. The public sector and government systems have also witnessed a rise in cyberattacks, with a hacking group targeting government agencies and energy companies with a Trojan.

Indian organizations are most concerned about cloud-related threats, attacks on connected devices, hack and leak operations, and software supply chain compromises. The adoption of emerging technologies like AI and cloud has driven digital transformations, emphasizing the need for robust security defenses. Organizations in India need to focus on hardening their systems against insider threats and address the AI skills gap to combat evolving cybersecurity challenges.