July 23, 2023
1 min read

Indian researchers eliminate 3K malicious content

Phishing attacks and other cybercrimes continue to increase, posing significant risks to organisations and individuals…reports Asian Lite News

A team of researchers has removed more than 3,000 malicious contents, including fake domains, fake apps, and more, hosted publicly over the internet and targeting organisations across various sectors in 2022-23 in India, a new report said on Monday.

According to the cyber-security company CloudSEK, the BFSI, retail, and telecom sectors were the most targeted by scammers during this period.

Phishing attacks and other cybercrimes continue to increase, posing significant risks to organisations and individuals.

According to recent statistics, there have been a 56 per cent annual increase in phishing websites and a surge in cybercrime fraud, which has affected 45 per cent of Indian businesses.

Moreover, the report mentioned that in 2023, various industries faced significant challenges when it came to combating online threats such as phishing, infringement, and impersonation accounts.

Among these industries, the most targeted were BFSI (Banking, Financial Services, and Insurance) with a staggering 1458 instances, following closely behind was the retail sector with 526 cases, indicating the vulnerability of online shopping platforms.

The entertainment industry also experienced a substantial number of attacks, reaching 444 incidents. Other targeted industries included manufacturing (75), telecom (53), transportation/logistics (63), real estate (45), pharmaceuticals (25), hospitality (17), services (12), IT/SaaS (Information Technology/Software as a Service) (8), aviation (7), and others (4), the report said.

The researchers have so far taken down over 7,000 malicious content from the internet and have contributed towards making the internet a safer place for all.

ALSO READ: Kerala Startup Bags Indian Icon Award in Cyber Security  

Previous Story

Myanmar power plant shutdowns hint at China relations strain

Next Story

FPI flows into India surge amid rising valuations

Latest from Business

Six OMCs Pump ₹290 Cr into Startups

The Union Minister said the country continues to stand as the world’s third-largest startup ecosystem….reports Asian Lite News Six oil marketing companies (OMC) in India have invested Rs 290 crore from their

India Dominates Global Digital Banking List

Indian banks have observed the most notable gains in day-to-day banking (+9.8 pp) and expanding relationships (+3.4 pp)….reports Asian Lite News As many as 9 Indian banks have been recognised as ‘Digital
Go toTop

Don't Miss

KCR banned from campaigning for 48 hours

The Election Commission has strongly condemned the BRS leader’s statements

Now’s Prime Time to Invest in India!

According to Sridhar Vembu, this is the time to invest