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Until August this year, India encountered almost seven lakh cyber attacks as informed by the Ministry of Electronics and Information Technology to the Parliament. Increased malware and ransomware has modelled a greater threat to the cybersecurity, sovereignty and integrity of the country. A report by Subex indicates a surge of 86% cyberattack cases between April and March 2020.

Undoubtedly, the Internet of Things (IoT) has become the fastest adopted technology in the industry. Internet of Things connects various sources and thus instigates sharing and generating of exponential data. From oil and energy sector to the automotive industry, the Internet of Things is making operations durable and accurate. With its sustainable mechanism, the technology is also fuelling the countrys ambitious project of integrating the 5G network. Apart from being used as a technology, IoT has also become a commodity. For example, the smart thermostat and the smart cable network, which embellishes smart homes, leverage IoT as a commodity.

However, despite all the pros that the technology indicates, connecting different sources without any upgraded security grants easier access to cyber attackers and hackers. The existing COVID-19 outbreak has already exposed the urgency to have an upgraded cybersecurity infrastructure. Since these cyber attacks are not confined to only healthcare infrastructure but also pervades other industry such as defence, it demands a comprehensive strategy to protect systems while leveraging the existing technology.

Unfortunately, the lack of a regulatory framework for any technology becomes a major barrier to thwart cyber attacks, ransomware and malware. Without any regulation, technologies like artificial intelligence and IoT often become exploitative. Lack of knowledge by the IoT vendors and users also advances the security challenges with IoT. Henceforth, to thwart cyber attacks it becomes imperative to formulate a regulatory framework which monitors the IoT usage and the incidents of cyber attacks. For this, India can observe the steps taken to maintain IoT standards from its allies. For example, European body ETSI has released certain guidelines for the adoption and utilization of IoT. ItsETSI EN 303 645, a standard for cybersecurity in the Internet of Things, establishes a security baseline for internet-connected consumer products and provides a basis for future IoT certification schemes.

The European Cybersecurity body states that the EN is designed to prevent large-scale, prevalent attacks against smart devices that cybersecurity experts see every day. By complying with the standards, EN will restrict the ability of attackers to control devices across the globe known as botnets which launch DDoS attacks, mine cryptocurrency and spy on users in their own homes. By preventing these attacks, the EN represents a huge uplift in baseline security and privacy.

A similar regulatory framework can be deployed by the Indian cybersecurity organization so that vendors and consumers comply with the IoT standards. By installing a regulatory body, the discrepancies in the security network can be identified.

Another solution to thwart cyber attacks, ransomware and malware, is educating the consumers about upgraded security network and the possible implications of disrupted IoT network. By acquainting the consumers about the basic concept such as having a separate network for IoT devices, having strong and unique passwords of IoT devices and building a firewall will make the consumers more cautious about their IoT devices and the network security, which will in turn aid in mitigating the cyberattacks.

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How the Internet of Things Security Infrastructure in India can be improved? - Analytics Insight

In the late 1990s, when the internet was still young, it was common for tech-savvy kids to scare their friends by controlling their PCs remotely. They would eject the CD tray, swap the mouse buttons, or change the desktop colors. To the unwitting user, it looked like a ghost was taking over the machine.

Those were the years that marked the birth of remote access Trojans (RATs), malicious software that allows an attacker to gain unauthorized access to a victims computer over the internet. RATs are typically installed without user consent and remain hidden to avoid detection.

These things set them apart from a benign type of software with a somewhat similar name, Remote Access/Administration Tool. This category includes computer programs such as TeamViewer or LogMeIn that are legitimately used by system administrators, as well as teenagers trying to fix their grandparents PCs.

Its the malicious remote access software that interests security researchers Veronica Valeros and Sebastian Garca at the Czech Technical University in Prague. The two have spent the last few years trying to analyze the evolution of this type of malware, studying no less than 337 well-known families, looking at things such as functionalities, quality of the software, and purpose.

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What is a RAT? How remote access Trojans became a major threat - CSO Online

How governments, companies can address evolving needs of increasing tech-savvy Filipinos

MANILA, Philippines This pandemic has forced more and more Filipinos to become digital, not just with remote work and education, but even with the way they avail of products and services. As the number of tech-savvy Filipinos increases, their needs also change, which if not addressed, could result in related security concerns.

The 2020 Unisys Security Index reveals that even in a pandemic-ridden world, Filipinos are almost as concerned about identity theft at 92%, as they are about natural disasters at 93%.

These findings reflect a year when a slew of natural disasters dominated news coverage and personal experience for most Filipinos such as the Mindanao earthquakes, Taal Volcano eruption, Typhoon Tisoy, and most recently the COVID-19 global pandemic. But even so, Filipinos are very aware of, and concerned about, identity theft, Daphne Chee, director of Security at Unisys Asia, told Philstar.com.

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The Unisys Security Index is the only regular snapshot of security concerns conducted globally. This year, surveys were conducted at the height of lockdowns and strict measures to counter the spread of COVID-19 around the globe.

Of the 15 countries surveyed, Filipinos continue to record the highest level of concern about security issues, ranging from personal, national, financial and internet security.

When looking specifically at the impact of the COVID-19 global pandemic to the Philippine public, they are most concerned about basic health needs with nine in 10 seriously concerned about the physical health of their family (96%), their own health (91%) and the stability of the nations health infrastructure (90%). And they are slightly less concerned about their personal financial security and the nations economy or their job security, Chee said.

The thing that concerns Filipinos least about the impact of the pandemic is the risk of a data security breach while working remotelythey likely assume their employer will take care of securing data and systems in the new normal of the work-from-home (WFH) environment. This is understandable as they have other priorities on their mind. However, this is a red flag to employers that they must adopt a security strategy that treats people as their weakest link in security, Chee explained.

The Philippine report also saw increasing concern about two types of digital security issues: bankcard fraud, up from 84% of Filipinos in 2019 to 88% in 2020; and identity theft, up from 90% to 92%.

As businesses and governments look for new ways to deliver services digitally in the Philippinesvia the internet and mobile appsthey must take into account the high public awareness and concern about data breaches that can lead to identity theft and bank card fraud. They need to build trust by showing how they will protect sensitive customer and citizen informationnot only by preventing data breaches but also by minimizing the impact if they do happen.

Ashwin Pal, director of Cybersecurity at Unisys Asia Pacific, explained, Losing trust means that customers might go to a competitor or be reluctant to use online services for example, they might opt to change their bank or decline to use digital banking services. For public sector organizations, low trust could impact citizens willingness to use the governments digital services which are critical for the ease of doing business in the Philippinesfor individuals and businesses.

He added that security concerns can hinder digital transformation initiatives. Due to this, benefits such as lower costs, greater serviceability, better reach among clients and citizens, and simply easier ways to do business will not be realized. Communication and transparency is key to build trust: promote the measures being taken to keep information secure.

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So what measures can organizations take to improve their security?

Pal recommends three basic steps on how private and public institutions can manage security concerns:

Engage in basic research and find out what and how cybercriminals are targeting organizations in various industries and industry-specific to your business.

Then ask yourself if you are confident that you have the right security measures in place.

Your biggest security assets are your staff but they can also be your biggest vulnerability.

Educate your people to ensure that they understand the importance of cybersecurity and how to detect cybersecurity threats such as a suspicious email or a request to immediately pay an invoice that doesnt quite look right.

Understand risk posture based on the business activities. To do so, apply the following steps:

By gathering insights on consumers security concerns and behaviors, Unisys can impact organizations willingness to use different types of technologies or services that can address cybersecurity concerns. It can also lead in conducting risk analysis so that organizations can identify the gaps in their digital systems.

Through a combination of advisory, technology and managed security services, we help organizations improve their cybersecurity posture to meet customers expectations and better protect personal data and digital identities, Pal concluded.

***

Unisys is a global IT services company that delivers successful outcomes for the most demanding businesses and governments. Unisys offerings include digital workplace services, cloud and infrastructure services and software operating environments for high-intensity enterprise computing. Unisys integrates security into all of its solutions across the government, financial services and commercial markets.

Visit http://www.unisys.com.ph for more information.

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How governments, companies can address evolving needs of increasing tech-savvy Filipinos - Philstar.com

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Internet of Things (IoT) Security Market Will Generate Massive Revenue In Future A Comprehensive Study On Key Players - TechnoWeekly