Data Science, MGADS,

Thought Leadership Series – Cybersecurity

Digital revolution may have been a recent phenomenon in India, but it did not take us long to embrace it. Today, the Indian society is rejoicing the benefits of digitalization in niche fields and industries, especially with demonetization hitting the economy recently. However, over the years, there has also been an increase in the cases of data breaches and manipulation.

Cybercrime on rise

The newly appointed National Cyber Security Coordinator Head, Dr.Gulshan Rai mentioned that there was a whopping 50% rise in cybercrimes in the year 2013.1,791 cybercrime cases were registered in the year 2011, which grew to 8,045 in the year 2015! Here’s a look at some of the biggest cybercrimes of India:

  • Hackers breached the website of Indian Railway Catering and Tourism Corporation (IRCTC) and stole the data of approximately 10 million customers.
  • 912 cybercrimes were registered in Mumbai alone in 2015. Out of these 912 cases, 178 cases were related to creating fake Facebook profiles and uploading of obscene media.
  • Hackers hacked Binny Bansal’s, Flipkart co-founder, email account to send two emails to the Chief Financial Officer of the firm demanding a transfer of $80,000.

Hence, we can see the magnitude of the problem with the above examples. Further, it is important to know who is prone to these cyber-attacks. We have the knowledge of the potential targets, we can take precautionary measures to safeguard ourselves against such attacks. So, let’s find out.

Who are on the target of the threats?

If you think it’s only the big names and brands that are prone to cyber-attacks, then you are wrong. Everyone who earns online, sells online, operates e-commerce portals, undertakes transactions online is vulnerable. An individual transacting online cannot undertake cyber security on his own unless his vendor, bank or his favourite online shopping portal takes an initiative.

Want to know how you can stay protected from cybercrime? Then join us for our next talk of the Digital Transformation Thought Leadership Series on “Cybersecurity: Challenges and the Road Ahead.”

Date: 18 January 2017

Time: 10:30 a.m. to 01.30 p.m.

Venue: Manipal Global Academy of IT

Key speakers at the event include

  • Robin Ram Mohan Doss, Deputy Head of School, Deakin University
  • Dr. Anand Kumar – Global Integrated Delivery Leader, IBM Security BU
  • Mr. Vikram Dhar – Global Integrated Delivery Relationship Manager – MEA, Asia Pacific, Australia, New Zealand, IBM Security Services, IBM Security BU
  • Yogesh Kumar Bhatt, Head and Director, Manipal Global Academy of IT
  • Shastri T. R., Joint Director, Manipal Academy of Banking

These experts will talk in-depth about the present state of cybercrime and cybersecurity in India. They will also suggest ways to stay safe from cyber threats.

You can also join us live on Facebook from 10.30 am to 12 pm on January 18, 2017.

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