The status of India’s National Cyber Security Strategy
Amid a surge in cyberattacks on India’s networks, the Centre is yet to implement the National Cyber Security Strategy which has been in the works since 2020.
Why does India need a cyber security strategy?
- Palo Alto Networks’ 2021 report -As per American cyber-security firm Palo Alto Networks’ 2021 report, Maharashtra was the most targeted State in India facing 42% of all ransomware attack.
- Higher than the global average- Indian organisations witnessed a 218% increase in ransomware higher than the global average of 21%
- Economically profitable regions for hacker -The report stated that India is among the more economically profitable regions for hacker groups and hence these hackers ask Indian firms to pay a ransom, usually using cryptocurrencies, in order to regain access to the data.