nortonscientificscamreviews
India steps up battle against rising cyber crime waveAs Ankit Fadia, 28, works on his laptop, his fingers furiouslytapping...
"The      difficulty    abouttackling cyber crime is thatits increasing all the time,"says Mr Fadia."If we control one set...
Spam manager “Though India has laws aimed at tackling cyber crime, it isnt used effectively”  --- Ankit Fadia ,Ethical hac...
According to a recent report by global research and accountingfirm Ernst and Young, data or information theft was the most...
According to the Minister of State for Communications andIT, Sachin Pilot, more than 100 Indian government websites wereha...
Cyber crime facts:• Number of people subjected to cyber crimes globally in 2011 :  431 million• Number of cyber crime vict...
"Though India has laws aimed at tackling cyber crime, it isnt usedeffectively," explains Mr Fadia, who has tied up with th...
Safe practiceOne small firm that is already taking defensive measures is UC Infosystems.In a busy office in wesat Delhi, t...
Upcoming SlideShare
Loading in...5
×

India steps up battle against rising cyber crime wave

875

Published on

As Ankit Fadia, 28, works on his laptop, his fingers furiously tapping away, there is silence in the packed auditorium in central Delhi.

His projector throws images of codes and symbols onto a white wall, and then suddenly, the crowd bursts into spontaneous applause.

Another website has been successfully hacked and unlocked.

But rather than doing something illegal, Mr Fadia, who describes himself as an ethical hacker, says he is trying to protect people and businesses from a rising wave of cyber crime.

Published in: Technology, Business
0 Comments
2 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
875
On Slideshare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
24
Comments
0
Likes
2
Embeds 0
No embeds

No notes for slide

India steps up battle against rising cyber crime wave

  1. 1. nortonscientificscamreviews
  2. 2. India steps up battle against rising cyber crime waveAs Ankit Fadia, 28, works on his laptop, his fingers furiouslytapping away, there is silence in the packed auditorium incentral Delhi.His projector throws images of codes and symbols onto a whitewall, and then suddenly, the crowd bursts into spontaneousapplause.Another website has been successfully hacked and unlocked.But rather than doing something illegal, Mr Fadia, whodescribes himself as an ethical hacker, says he is trying toprotect people and businesses from a rising wave of cybercrime.
  3. 3. "The difficulty abouttackling cyber crime is thatits increasing all the time,"says Mr Fadia."If we control one set ofattacks there are hundreds As the number of people coming online in India rises so could the victims of hackersmore the next minute.Thats why we need oursystems, policing, thelaw, prepared for this kind ofcyber onslaught.”
  4. 4. Spam manager “Though India has laws aimed at tackling cyber crime, it isnt used effectively” --- Ankit Fadia ,Ethical hacker The BBCs Shilpa Kannan reports on what companies are doing to protect themselves from cyber attacks
  5. 5. According to a recent report by global research and accountingfirm Ernst and Young, data or information theft was the mostcommitted fraud in India last year.That data can be anything from personal details, to bankaccounts, to company contacts and secrets.Ernst and Young warns that it could cost companies as much as5% of their profits if they are targeted by cyber criminals.At the same time, there has been an increase in nuisance internetissues such as spamming, with India recently overtaking the US tobecome the top global contributor of junk messages. And whilethis jams an inbox and is a headache for the consumer, for thegovernment there are also more serious issues, such as nationalsecurity and trying to avoid a potential cyber attack by a terroristgroup.
  6. 6. According to the Minister of State for Communications andIT, Sachin Pilot, more than 100 Indian government websites werehacked in the first three months of 2012.It is no surprise then that the government has been trying to stepup its policing of cyberspace, and is mulling plans to build aNational Cyber Coordination Centre, which will detect maliciouscyber attacks and issue early warning alerts.The IT industry lobby group Nasscom has also recommendedestablishing a cyber command centre which would sit within thedefence forces. They argue the cyber command should beequipped with defensive and offensive cyber weapons and stafftrained in cyber warfare
  7. 7. Cyber crime facts:• Number of people subjected to cyber crimes globally in 2011 : 431 million• Number of cyber crime victims in India: 29.9 million• Cost of cyber fraud globally: up to $388bn a year• Cost of cyber fraud in India: $7.6bn a year - $4bn worth of direct losses and an additional $3.6bn in time spent resolving the crime• Source: Norton Cybercrime Report 2011Grey men But for observers such as hacker and author Mr Fadia, India already has some firepower in place with its Information Technology Act that was passed in 2000. The issue, however, is not with the law, rather the implementation of it.
  8. 8. "Though India has laws aimed at tackling cyber crime, it isnt usedeffectively," explains Mr Fadia, who has tied up with the national policeacademy in Hyderabad and helps train police officers in understandingcyber crime."Even when arrests are made, very few people actually get convicted."Experts say that even if you go after the criminals it is not always easyto catch them because they usually operate behind the wall ofanonymity that the internet offers.According to Arpinder Singh, head of Ernst and Youngs FraudInvestigation and Dispute Services, the company recently tried toidentify the profile of an Indian cyber fraudster.What they found was that the fraudster had changed significantly.Now, typically, they are a male middle-management employee in his30s who is very ambitious and tech savvy. He can work anonymouslyfrom a remote location.This makes it harder to trace any wrongdoer, a task that will only getharder as Indias internet population grows from its current level ofabout 120 million, or about 10% of the current population.Mr Singh warns that as more people come online the risks tocompanies both big and small will increase.
  9. 9. Safe practiceOne small firm that is already taking defensive measures is UC Infosystems.In a busy office in wesat Delhi, the companys technicians are breakingdown electronic equipment and consumer gadgets so they can servicetheir parts.As well as being full of computers and keyboards, the office is alsobrimming with confidential information such as client orders andaddresses, payment methods and other financial data.In an increasingly competitive business, the founder of the firm wants tomake sure nothing can be lost or stolen."Though we are a small business, all our data is online," explains SanjeevSharma."My accounts department processes financial data; the service staff canaccess client addresses and phone numbers."I have to consider the possibility that my competition can steal the data.That puts not just my business at risk, but all my valuable client data at risk."
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×