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Indian companies face highest number of malware attacks after US, Japan: Report

It has been mentioned that while 31% of global and Indian companies reported daily cyberattacks in 2020, the frequency of attacks targeting their remote workers is projected to increase in 2021.

Representational image.
Representational image. (Pixabay)

India is on the third position when it comes to highest number of malware attacks, after the US and Japan, according to a 2020 Acronis Cyberthreats Report. It has been mentioned that 1168 malware detections were encountered per 1000 clients in a month. Also, Maze ransomware detections were reported at 7.8% in Q3 2020. 

The report also warns users about cyber criminals who can now pivot their attacks from data encryption to data exfiltration. “Ransomware continues to be the leading threat in India with Maze ransomware accounting for nearly half of all known cases in 2020. Yet the Acronis Cyberthreats Report points to a growing trend of cybercriminals trying to maximize their financial gain. Not content to collect ransoms to decrypt infected data, they steal proprietary – and sometimes embarrassing – data before encrypting it. They then threaten to publicly release the stolen files if the victim doesn’t pay up,” says the report.

Also read: Hacker is selling Microsoft C-Suite email credentials for $100

It has been mentioned that while 31% of global and Indian companies reported daily cyberattacks in 2020, the frequency of attacks targeting their remote workers is projected to increase in 2021. That’s because the defenses for systems outside of the corporate network are more easily compromised, giving bad actors access to that organization’s data.

“When it comes to existing solutions and strategies, the current trends in cyberattacks all show that traditional cybersecurity is failing – globally and in India, it’s usually because of weak technologies and human error, which are both avoidable,” said Rajesh Chhabra, Global Business Development Leader of Inside Sales at Acronis. “Just as cybercriminals are evolving their attacks, organizations in India need to advance their protection and security. Comprehensive cyber protection solutions offer the integration and automation that eliminate complexity, optimize performance, and streamline recovery when a successful attack inevitably occurs.”

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