India is ranked tenth in the world for cybercrime
By MYBRANDBOOK
According to a recent report, advance fee payment frauds rank highest in cybercrime in India and in global ranking India comes at number ten. International researchers conducted a study in almost 100 nations for their "World Cybercrime Index," which identified hotspots for different types of cybercrimes. Russia topped the list, followed by Ukraine, China, the US, Nigeria, and Romania. North Korea was at the seventh position, while the UK and Brazil were in the eighth and ninth positions, respectively, according to the research published in the journal PLoS ONE.
The major categories that the researchers identified were - technical products and services such as malware and compromising systems; attacks and extortion including ransomware; data and identity theft including hacking, compromising accounts and credit cards; scams such as advance fee fraud; and cashing out or money laundering involving illegitimate virtual currency.
Invites to respond to the survey were sent out from March to October 2021. The team received 92 complete survey responses. The top six countries appeared among the top ten countries under each cybercrime category, the researchers found. They further found that countries that are cybercrime hubs "specialise" in particular categories.
"Russia and Ukraine are highly technical cybercrime hubs, whereas Nigerian cybercriminals are engaged in less technical forms of cybercrime," the authors wrote in the study. Among the top ranking countries, while some may "specialise" in cybercrime types with middling technical complexity - such as those involved in data and identity theft - others may "specialise" in both high-tech and low-tech crimes, they said.
India was found to "specialise" in scams. Further, while Romania and the US were found to "specialise" in both high-tech and low-tech crimes, India was found to be a "balanced hub", "specialising" in mid-tech crimes. "In short, each country has a distinct profile, indicating a unique local dimension," the authors wrote.
The experts contacted by the researchers were professionals engaged in cybercrime intelligence, investigation and attribution for at least five years, were "not actively involved in tracking offenders" and had an "excellent" reputation among peers.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : Arundhati Bhattacharya
Arundhati Bhattacharya serves as the Chairperson and CEO of Salesforce...
Icons Of India : PRATIVA MOHAPATRA
Prativa is a transformational leader with an incredible breadth of exp...
ICONS OF INDIA : S KRISHNAN
S Krishnan as the secretary for the electronics and information techno...
RailTel Corporation of India Limited
RailTel is a leading telecommunications infrastructure provider in Ind...
IREDA - Indian Renewable Energy Development Agency Limited
IREDA is a specialized financial institution in India that facilitates...
UIDAI - Unique Identification Authority of India
UIDAI and the Aadhaar system represent a significant milestone in Indi...
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...
Indian Tech Talent Excelling The Tech World - Steve Sanghi, Executive Chair, Microchip
Steve Sanghi, the Executive Chair of Microchip Technology, has been a ...