in cyber resilient innovations and
solutions.
The study was conducted from
January to mid-March 2018 and
investigated focused attacks
defined as having the potential to
both penetrate network defenses
and cause damage, or extract high-
value assets and processes from
within organizations. Despite the
increased pressure of ransomware
attacks, which more than doubled
in frequency last year, the study
found organizations are upping their
game and now preventing 87 percent
of all focused attacks compared
data from being hacked, stolen or
leaked,” said Kelly Bissell, managing
director of Accenture Security.
“While the findings of this study
demonstrate that organizations are
performing better at mitigating the
impact of cyberattacks, they still
have more work to do. Building
investment capacity for wise security
investments must be a priority for
those organizations who want to close
the gap on successful attacks even
further. For business leaders who
continue to invest in and embrace new
technologies, reaching a sustainable
level of cyber resilience could become
Jamtara:
Underbelly of
Digital India
Jamtara is a sleepy town in
the tribal region of Santhal
Pargana. It continues to be an
obscure town. But in the last
few years, it got the notoriety
as cyber crimes hub.
While addressing a conference
on homeland security recently in
Delhi, Union Home secretary Mr
Rajiv Gauba said: “More than
half of India's cyber crimes,
to 70 percent in 2017. However,
with 13 percent of focused attacks
penetrating defenses, organizations
are still facing an average of 30
successful security breaches per year
which cause damage or result in the
loss of high-value assets.
“Only one in eight focused
cyberattacks are getting through
versus one in three last year,
indicating that organizations are
doing a better job of preventing
Rajiv Gauba, Union Home secretary
mostly committed by fraudsters
posing as bank managers, were
traced back to this small town.
This place has become digital
India's underbelly.”
a reality for many organizations in
the next two to three years. That’s
an encouraging projection.”
It’s also taking less time to detect
a security breach; from months and
years to now days and weeks. On
average, 89 percent of respondents
said their internal security teams
detected breaches within one month
compared to only 32 percent of teams
last year. This year, 55 percent of
organizations took one week or less
to detect a breach compared to 10
percent last year.
Although companies are detecting
breaches faster, security teams
are still only finding 64 percent
of them, which is similar to last
year, and they’re collaborating with
The fraudsters based in
Jamtara have befooled
people across the country.
"The NCRB (National Crime
Records Bureau) data has not
fully captured the Jamtara's
contribution to cyber crime
in the country," he said.The
Home Secretary said the
fraudsters of Jamtara are
committing the crime with
much ease from within their
homes. "These are not highly
educated individuals. They
are youngsters with little
education. They have taken
into cyber crime in a big way,"
Gauba revealed.
others outside their organizations
to find the remaining breaches.
This underscores the importance
of collaborative efforts among
business and government sectors to
stop cyberattacks. When asked how
they learn about attacks that the
security team has been unable to
detect, respondents indicated that
more than one-third (38 percent)
are found by white-hat hackers or
through a peer or competitor (up
11 | May 2018 | www.smartgovernance.in