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India not equipped to tackle cyber attacks: Experts
From: InfoSec News <alerts () infosecnews org>
Date: Tue, 3 Dec 2013 08:51:00 +0000 (UTC)
By Prashanth Vijayakumar
30th Nov 2013
Chennai: Cyber security experts who convened in the city on Friday to observe
the World Security Day conference said India is highly vulnerable to cyber
threats, as the country is not fully equipped to tackle sophisticated attacks.
With cyber warfare becoming increasingly sophisticated, cyber security
experts stressed the need for greater financial investments in research and
development. Addressing the gathering, Reserve Bank chief general manager V.
Vasanthan urged bankers not to download any free anti-virus software as it
leaves systems vulnerable. “In the name of free software, several hackers are
circulating the torjan virus which is capable of stealing potential personal
data of customers,” he said.
Cyber security expert Prasanna explained that individual laptops and
personalised gadgets were susceptible to advanced persistent threats (ATPs)
under which the cyber attack is mainly focused on personalised gadgets further
targeting data centres. Many corporates have their classified data in their
laptops, though ATP hackers steal the classified data and sell it to their
rival organisations, he said.
Israel, a world leader in the field of cyber security, has started to tap on
the cyber security commerce. “Israel earns revenue up to 1.5 billion US dollar
in 2012, the biggest purchasers being US companies. India is yet to tap this
market,” said Menahem Kanafi, Consul General of Israel.
Dean Bushmiller teaches a great 5-Day CISM in Albany NY Dec. 2 6.
Call 327-937-9786 for details.
- India not equipped to tackle cyber attacks: Experts InfoSec News (Dec 03)