CYBER SECURITY AND INCREASING CYBER CRIMES IN OUR COUNTRY
Whenever we talk about cyber crimes our mind generally revolves around cyber security. Cyber security means protection of our systems and classified information from cyber attacks Our country is moving forward towards digital India where each and every sector in the economy are dependent on internet for carrying sensitive transactions. This makes our country vulnerable to cybercrimes and thus cyber security plays a very important role in protecting our classified information. Cyber security ensures protection of our data by preventing any loss from cyber security attacks .As our nation moving towards technological advancement it becomes important that we should educate people to work in this environment. This paper discusses about cyber security and increasing cybercrimes in our country. It also discusses about the impact and challenges of cyber threats on the society and business firms.
Keywords- cybercrimes, cyber security, challenges to society and business firm, countermeasure techniques.
Internet has become one of the most important part of our lives .it plays a very important role in our life not only in communications and work but also conducting various online transaction like in online shopping or transferring of money from one account to another or making payments. Today most of the people are dependent on internet for their work that is why it is prone to various cybercrimes and thus this field requires high degree of security for safer and best transactions.
India is trying to move towards a digital country where public sectors and private sectors and individuals depend on internet to carry classified and sensitive information. This makes our country vulnerable from cybercrimes and thus Cyber security plays a very important role in protecting our information from cyber attackers who can easily steal and destroy highly classified information. Many business organizations have installed various antivirus software’s and firewalls to protect their systems from cybercrimes but these are not enough to protect their data from stealing. They need to take reasonable steps to protect their data systems and privacy of their clients.
Cyber security depends upon the decisions that people take during the installation and setting up of the computers and internet. Cyber-security covers physical protection (both hardware and software) of personal information and technology resources from unauthorized access which is gained through technological means. Albert Einstein was quoted as saying ”Problems cannot be solved with the same level of awareness that created them”. The problem of End-User mistakes cannot be solved by adding more technology; it has to be solved with a joint effort and partnership between the Information Technology community as well as the general business community.
The main objectives of the study are:
To analyse increasing cybercrimes in our country and problems associated with it
To create awareness about cyber security
Ravi Sharma (2012),analysed the increasing cybercrimes for the years 2008-2011. His study suggest us the importance of cyber security and the issues that we are facing towards cyber security. It also comprises of the various counter measure techniques that we can use to protect our systems and also it tells us the government’s response towards this issue. He has concluded that all the sectors need to work together to insure cyber free environment.
Atul, suraj and surbhi (2013) examined the significance of cyber security. They analysed the current cyber security measures taken by the government nationally and internationally. Their paper also discussed about the current threats, issues related to cyber security, challenges and measures if IT sector. They concluded that there is a need to build an effective and good detection system to handle the increasing cyber attacks.
Kamala , mayur and rajkumar (2017),discussed about the importance of cyber security and impact of cyber attacks on e commerce and small businesses. They analysed the data of a survey conducted by AICPA in March 2015 in which around 82% of the respondent feels that cyber security breach has changed the shopping habits of the people which has a large impact on e commerce. They examined various logical tools like SSL in order to enhance e commerce site security. They also discussed about cyber security management and the preventive measures that should be taken.
Wang and lu (2017) examined the importance of cyber security in the industrial areas. They prepared a comprehensive study by introducing communication architecture and security requirements and also analysed the security problems in the industries by taking various case studies. They also discussed the attack prevention and defensive approaches against cyber attacks. They also examined the working of various computer networks and their role in protecting us from cyber crimes.
Jemal abawjya (2012) studied the need for spreading awareness about cyber security. He also conducted survey through which he examined the approaches that can be used to spread awareness and also told us about the delivery method which is best for communicating with the users. The results of the survey shows that the video presentation is the most preferred method to spread awareness after which participants will have a clear understanding about the best ways to minimize dangers.
Cybercrimes in India
From last 3 years cybercrimes in India have been risen by 300%. In February 2018 it was reported that home ministry website was hacked. While officials denied of this it was found that between January and February 2017 total 39 government websites were hacked.
According to ministry of electronics and information technology the number of central and state government websites hacked has been increased from 164 in 2015 to 199 in 2016.
There is a 20.5 per cent increase in cybercrimes cases from 2014 to 2015 and 6.3 per cent increase in cybercrime cases from 2015 to 2016.
According to National Crime Records Bureau’s report in 2016 for 2015, 11,592 cases of cybercrime were registered in India, leading to 8,121 arrests .While Uttar Pradesh recorded the highest number of cybercrimes at 2,208, Maharashtra followed closely with 2,195. Tamil Nadu registered 177 cases in 2014 which falls down to 142 cases in 2015 and then it marginally increased to 146 in 2016. Among the metropolitan cities, Mumbai toped the chart with 980 cases followed by Bengaluru with 762 cases and Jaipur with 532 cases. Chennai was ranked 16th with 26 cases among the other cities.
According to reserve bank of India, a total of 13038,16468,13653 instances of fraud including debit card credit cards and internet banking during the year 2014-15,2015-16,2016-17. In April to September period of 2017 the cases reached up to 12250.
These figures does not represent the ground reality. These are just the 1% of the actual incidents. There is massive underreporting of cybercrime cases in India. People are afraid to come forward to report cybercrime due to several reasons and one of the main reasons is that there is a loop hole in our legal system. In 2008, all cybercrime offences except child pornography, breaching into other systems or cyber terrorism were made bailable offences. The hostility of police of reporting a cybercrime is similar as registering a crime against women,
Cyber attacks are not just increasing in our social lives but are also increasing in the business organizations. According to a report given by CISCO cyber attacks in our country has caused financial damages of USD 500,000 to Indian companies in last 12-18 months. CISCO had interviewed around 200 organizations including financial services, manufacturing, government, telecommunication, pharmaceuticals, healthcare, education and the report tells that the scope of these breaches are increasing.
These breaches are increasing because Indian companies are not ready to prevent the increasing threat of cyber attacks. More than half of the in the Indian companies do not have enough staff to handle these cyber attacks. According to several reports it is found that one cybercrime has reported in every 10 minutes in 2017 which is higher than 2016 which was a cybercrime in every 12 minutes. According to a survey it was found that around 53% of the businessmen have no idea whom to inform in case of cyber attack and only 14% of the Indian companies have a different department to handle the network security.
These cyber attacks are not just affecting the business organizations but are also affecting the financial sectors like the banks of our country. In august 2018 cyber criminals attacked the Pune based corporative bank and stole 94.2 crore and transferred the stolen money in 28 different domestic bank account across the world. Not just that around 3.4 million debit cards were compromised of state bank of India, HDFC bank and axis bank in 2016. With the increasing cyber attacks it becomes very important that we should create a more focused business security architecture and a cyber aware culture.
The biggest cybercrimes in history
In India BSNL’s telecom network was affected by a massive malware which affected 60,000 modems with default admin-admin and password combinations. The malware affected modems were not able to connect to internet of web and the BSNL had to issue a notice to its broadband customers urging them to change their passwords and username.
Indian restaurants search provider zomato reported a breach in may 2018 due to which details of 7.7 million users were stolen and similarly, reliance jio the network service provider was also a victim of data breach. After this breach a website went live were anyone can get the personal information of the reliance jio customers which was taken down after it went viral.
Yahoo reported two major breaches of user account data in 2016. According to several reports the First breach affected around 500 million yahoo users and the second breach affected around a billion yahoo users. These breaches have been considered as one of the major breaches in the history. The data affected includes names, email address, phone numbers, encrypted passwords, birthdates and various other details. Not just that the famous networking website linkedin was breached in late 2014 affecting around 6.5 million users and again its data was leaked in 2016 affecting around 100 million of email addresses and the passwords
Impact of cybercrimes on businesses
Data breaches have been happening since companies have started storing their private data and maintaining records but these breaches have been increasing because of technological advancement and digitization of data storage. Due to these developments, cybercrimes are evolving. Now the risk of having a classified information is greatest than ever. Data breaches have a large impact on a business enterprises, it not only steals their personal information but also cause them large amount of financial crisis.
we don’t want that our information should be seen by anyone except recipient but our information can be stolen our account is hacked and all the information that is stored in that account can be misused or can be viewed by public and this kind of breach can have a great impact on business enterprises as they might lose their customer loyalty and this will have a negative effect on the relationship between customer and organization. According to a survey, two third of the customers will break ties with the organizations after their personal information is been breached or exposed. So a data breach can have a large impact on reputation of the business.
Apart from damaged reputation, cybercrimes and data leak can have a negative impact on the company’s competitive edge. A data breach will not only effect a customer’s personal or classified information but it can also expose their business ideas, campaigns, marketing ideas, expansion plans and many more which can affect a company growth, revenue gains specially if they land up in competitors hands
cyber attacks often result in financial losses arising from theft of financial information, theft of corporate information, loss of business contract, disruption in trading. Businesses that have suffered from a cyber attack may have affected their software’s and systems which will increase the cost of repairing these affected systems.