Cyber attacks are rising and the only defence is security, but what exactly is cyber security and how vulnerable are we to these attacks?
It may come as a shock to many but the fact is that India has witnessed around 80 million cyber-attacks and threats so far. In the first three months of 2022, we witnessed some 200,000 cyber-attacks every day and they are increasing with every passing day. The quantum of the attacks is enough to become alarmed and take preventive measures. But the fact remains that our cyber security has not kept pace with cyber warfare which has grown in its scope and techniques in leaps and bounds.
Most of us understand cyber security on the personal level, online bank fraud or leaking of pictures on a smartphone, cloning of the ATM card, and so on. Most of them are designed for financial bungling by an individual or a group having some understanding of how digital stuff works. But the fact is cyber-attack is huge in their scope and application. Indeed it can hack your credit card and skim the amount but it can also destabilize the whole banking system of a country, cause a crash in the stock market or even paralyze the economy. And this is just the economic aspect of the cyber-attack. When it comes to its military aspect it can be far more devastating than we can imagine. It can launch a missile attack, and cause nuclear plants to shut down or go haywire. To put it briefly cyber war can be far more deadly than conventional war as it can be waged by a few men sitting anywhere in the world and attacking its targets.
To stop it one has to be prepared not with arms and ammunition but with high-end digital security that not only detects the invasion in time but also effectively gives a fitting reply. To do that a robust ecosystem is required and we are still lagging on that front. It is not that the government is not concerned, it is but the tangible results are not coming. So clearly the situation is very alarming. Think of cyber frauds as miniature cyber-attacks. Everyday financial fraud is happening and rising. Innocent people are losing their life’s savings. Cooperative banks, nationalized banks financial…