Cyber Crime Rises by 350 Percent over 3 Years in India

Cyber crimes in India unfolded three times in the time span of 3 years. According to a study by PwC and Assocham, the number of cyber crime cases registered under the IT Act has observed a gain of 350 per cent in a period of 2011 to 2014. The study also cautioned about the rise in cyber attacks around the world with greater frequency and intensity.

Attacks have been mostly begun from the countries such as Turkey, U.S, China, Pakistan, Brazil, Algeria, Europe, Turkey, and UAE. Titled ‘Protecting Interconnected Systems in the Cyber Era,’ the study states that India has evolved as one of the most favorite countries listed among cyber criminals. And this is due to the rapid growth in adoption of Internet and smartphones in the country.

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Attackers acquired control over the vital system such as nuclear plants, railways, transportation or hospitals that can subsequently lead to direct consequences such as water pollution or floods, power failures, disruption of transportation systems and loss of life. An increase of nearly 50 percent is observed in the occurrence of cyber crime incidents in the period of 2012 to 2015.

“The profile and motivation of cyber attackers are fast changing. A new breed of cyber criminals has now emerged, whose main aim is not just financial gains but also causing disruption and chaos to businesses in particular and the nation at large,” the study pointed out.

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The National Critical Information Infrastructure Protection Centre (NCIIPC) has been identified as the nodal agency under the National Technical Research Organisation for the protection of critical information infrastructure.