Bank losses Rs 3,222 billion due to cyber attack, bank's first choice of hackers

Bank losses Rs 3,222 billion due to cyber attack, bank's first choice of hackers
 

You will know about the cyber attack and if it is not there, then tell you that the attacks that take place through the Internet are called cyber attacks. Hackers take effective training for cyber attack. If you take a look at the recent few years, you will find that cyber attacks are constantly happening and the thing to note is that hackers adopt new methods for cyber attacks. Seeing the ever increasing cyber attacks, it seems that it is difficult to stop it with immediate effect. Cyber ​​attack has become a headache for countries around the world today. Cyber ​​attack is the biggest loss to the banking sector.

 

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credit: third party image reference

 

Banking sector is the biggest target in India

One thing is absolutely clear that the more digital the world is, the greater the risk of cyber attack will increase and it is worth noting that the whole world is moving towards digitalization. In India too, many apps like Bheem, Google Pay, PhonePe and Paytm are being used for financial transactions. In such a situation, the biggest danger is on the banks. According to a report, in the year 2018, there were about 2 million cyber attacks all over the world and due to this there was a loss of Rs 3,222 billion.

 

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credit: third party image reference

 

Cyber ​​attacks are also being done in many ways, among which the ransomware method is at the top. IT company Cisco recently said in its report that in the year 2018-19, India has the most cyber attacks in the areas of banking and finance, administration and critical infrastructure. Each company victimized in these attacks has suffered a loss of about 35 crores.

 

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The Internet Society's Online Trust Alliance (OTA) has recently released a cyber incident and breech trend report. This report claimed that hackers are the most ransomware attack and the ransomware attack has caused the financial sector to lose 60%. At the same time, the report also said that supply chain attack, business email compromise, fake email, phishing attack and cloud attack have been the most. Let's know about these cyber attacks ...

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