On Wednesday, IBM released the company s annual X-Force Threat Intelligence Index, which analyzed data from the previous year to track the evolution of new threats, malware development, and cyberattacks.
The 2021 index includes some notable trends, perhaps the most significant being how many threat actors pivoted their campaigns toward organizations involved in fighting the COVID-19 pandemic during 2020.
According to IBM researchers, attacks against organizations crucial to coronavirus research and treatment experienced double the usual rate of attacks in 2020. These entities include hospitals, pharmaceutical manufacturers, medical companies, and energy firms involved in the COVID-19 supply chain.
IBM believes that this change in focus is due to cyberattackers banking on the fact that these organizations could not and still cannot afford any downtime that could impact COVID-19 programs. As a result, victims may be more likely to pay up, for example, when ransomware i
India second only to Japan in Asia Pacific in cyberattacks faced in 2020
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Last Updated: Feb 24, 2021, 04:07 PM IST
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Ransomware was the top attack type, making up roughly 40% of all cyberattacks, but digital currency mining and server access attacks too hit Indian companies last year, according to an IBM Security report.
Agencies
New Delhi: India was second only to Japan in Asia Pacific in number of cyberattacks faced in 2020, accounting for 7% of all attacks in the region, according to an IBM report released on Wednesday.
Finance and insurance emerged as the most vulnerable sectors, followed by manufacturing and professional services, according to the 2021 X-Force Threat Intelligence Index released by IBM Security. Ransomware was the top attack type, making up roughly 40% of all cyberattacks. In addition, digital currency mining and server access attacks hit Indian companies last year.
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