Protect Information: The new Currency

A growing economy and a fast Internet population make India one of the most attractive targets of Cyber Criminals. In a digital world, Information is the new currency. In the past, many threats are done by hackers on companies to collect data or release data. Any loss or theft of information can lead to irreparable damage in terms of overall competitiveness.

In connected world, network now ends with the user device, which makes it more difficult to prevent theft of data intentional or unintentional. In a recent research, it points that India is the number one host country of Botnet related Malware, Sality Malware contributor and Ramnit Malware contributor globally. Malwares like Botnet, Ramnit, and Autorun are designed to hack into various devices to steal data, banking credentials, cookies and other vital information.

As India’s smartphone and Internet base rises, the number of Malware directed at Indian firms will continue to rise. Today, companies are still spending significant sums on security systems. Securing the data is the first priority for any company which was previously ignored. Cyber-attacks on business come from bugs in outdated software. Malware creators are quick to spot these opportunities and create Malware that scan unpatched operating systems.

On Mobile phones, Android is still the number one target. Recent attacks on Apple iCloud and Sony had cost them a huge price. Malware creators today are not only stealing data but they also make sure that the original user pays for the data he owns. Original user can get the data back if he pays for the decryption key. About 80 percent of top 10 Malware can be avoided by up to date software. Tools, which can automatically update software offer protection against threats.

With regular increase in Internet users and connectivity, it has become very important to secure information. As Information is the new currency in Digital World. Just as a strong immune system in human body can prevent most dangerous diseases in same way most deadly viruses and malware can be kept out of most networks.