Search Results for

Explore Ransomware with expert insights, use cases, and solutions. Learn how Ransomware can enhance your cybersecurity and protect sensitive data.

Explore Ransomware Attacks In Finance with expert insights, use cases, and solutions. Learn how Ransomware Attacks In Finance can enhance your cybersecurity and protect sensitive data.

The lock down has clearly increased workloads to remote, cloud and hybrid environments. The cyber-attacks have just been growing steadily and relentlessly. New victims every day and by the time the impact is understood there is a new ransomware, a new victim impacting organizations across the world. It looks like the hackers are far ahead in the game.

The whole world is reeling from one of the worst pandemics ever seen. Health systems of most countries are under stress, and in a few countries have crumbled from the sheer size of the population infected by a fast-spreading disease. People with low immunity and comorbidities are the worst impacted.

In 2023, financial institutions worldwide faced an alarming rise in ransomware and cyberattacks, with India experiencing a 29% increase in financial sector breaches according to CERT-In. Adding to this challenge is the looming threat of Harvest Now, Decrypt Later (HNDL), a strategy where hackers capture encrypted data today, intending to decrypt it using powerful quantum computers in the near future.

In an era of rapid digital transformation, India’s financial sector is the backbone of the economy, which leverages technology to facilitate banking, securities trading, investment services, and more. However, with this increased digitization comes heightened exposure to cyber risks. To address the growing cyber threats,

The past few years have seen a rise in IoT technologies. We can connect everyday objects—kitchen appliances, cars, thermostats, baby monitors—to the internet via embedded devices for seamless communication between people, processes, and devices.

A quantum computer is a computing technology that uses sub-atomic particles and the principles of quantum mechanics to perform exponentially faster computations than existing computers. Quantum computing has many applications in healthcare, such as protein folding. However, the technology also has the power to break today’s encryption protocols that secure data and critical systems.

The dynamics of geopolitics change over time; it is not a new phenomenon. Therefore, all data and transactions on the internet are encrypted. The widely used encryption method (RSA protocol) uses encryption keys to securely transmit data globally. An encryption key is a random string of bits used to encode and decode data. Each key is unique and unpredictable.

As India’s financial ecosystem continues to digitize, the importance of robust cybersecurity cannot be overstated. SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF) was introduced to address the evolving threat landscape, ensuring that regulated entities remain secure and resilient. However, the emergence of quantum computing is reshaping the cybersecurity narrative.