Rapid digitisation is making India a favourable zone for cyber attack

Rapid digitisation in all sectors in India has made the country critically prone to targeted cyber attacks and ‘WannaCry’ ransomware attack is “just the tip of the iceberg”, a cyber intelligence security company warned on Wednesday.

Cyber attack, rapid digitisation, digital, cyber security, India

The firm also said ‘WannaCry’ ransomware, that exploited MS17-010 vulnerability in a Microsoft Windows operating system and hit nearly 200,000 systems in 150 countries, is the first wave of several upcoming cyber intrusions as digitisation spreads its footprint across the globe.

- Advertisement -

The group noted that “one size fits all approach” can never be the solution to curb the increasing cyber attacks and a constant vigil is the only solution to stay ahead in the race with the intruders.

Soon after ‘WannaCry’ affected several systems, the same Windows vulnerability was again exploited to spread another type of malware that was quietly generating digital cash from machines it infected.

- Advertisement -

Tens of thousands of computers globally were affected by the “Adylkuzz attack” that targets machines, let them operate and only slows those down to generate digital cash or “Monero” cryptocurrency in the background.

It is an alternative to Bitcoin and is being used for trading in drugs, stolen credit cards and counterfeit goods.

A few days later, Croatian security researchers identified a new strain of malware “EternalRocks” that was more dangerous than WannaCry and was potentially tougher to fight.

According to the researchers, “EternalRocks” exploited the same vulnerability in Windows that helped ‘WannaCry’ spread to computers. It also used a NSA tool known as ‘EternalBlue’ for proliferation.

By Baishakhi Dutta

- Advertisement -

Industry's Buzz

Statcon Energiaa Inks MoU with Ram Raja Solar Power Green Energy

0
The alliance will provide comprehensive support, including system selection, professional installation, and reliable after-sales service Statcon Energiaa has entered into a strategic Memorandum of Understanding...

Rising AI Demand May Drive More Memory Chip Manufacturing in India

0
Growing demand for AI and data-centre memory chips is expected to attract fresh investments and expand manufacturing capacity in India. India is likely to witness...
IIT Madras

IIT Madras Unveils Indigenous E-Waste Recycling Pilot Plant

0
The facility can process 100 tonnes of e-waste annually while recovering valuable metals through a zero-discharge process. Researchers at IIT Madras have developed an indigenous...

India, France Reaffirm Commitment to Open and Ethical AI

0
Macron and Modi highlighted responsible AI development and stronger technology cooperation at Bharat Innovates 2026. French President Emmanuel Macron has called for the development of...
NVIDIA

Nvidia Pushes Vera AI CPUs in China Amid GPU Challenges 

0
Nvidia has begun taking orders for its Vera AI CPUs in China, seeking to rebuild its presence in a market constrained by U.S. export...

Learn From Leaders

HYKON: Building for Energy Markets Before They Exist 

0
As India’s power ecosystem undergoes rapid change, innovators are being pushed to rethink how energy is generated, stored and delivered. In a sector where most...
V Sriram Kumar, CEO, Electronics City Industries Association (ELCIA), Bangalore

“With Coordinated Governance, Multi-Layered Security, And Industry-Focused Infrastructure Management, Electronics City Supports Ease Of...

0
Driving collaboration, skilling, and innovation, how is ELCIA transforming Electronics City into a globally competitive manufacturing hub while bridging industry gaps and enabling MSME...
C2i Semiconductors Founders. (From left to right) Vikram Gakhar, Founder & Director, Mixed Signal; Preetam Tadeparthy, Founder, CTO, VP, Engineering; Ram Anant, Founder & CEO; B.S. Dattatreya. Founder & Director, Power.

“Power For AI Is A Trillion-Dollar Opportunity”- Preetam Tadeparthy And Vikram Gakhar, C2i Semiconductor

0
An Indian startup is redesigning power for AI servers, cutting energy losses, boosting GPU performance, and building chips that could shape the next generation...
Pragnesh Patel, Director, CircuitWala

“We Believe In Relationship Building More Than Business” – Pragnesh Patel, Director, CircuitWala

0
In an interaction with EFY’s Nitisha Dubey, Pragnesh Patel of CircuitWala shares insights into Gujarat’s PCB ecosystem, policy support, growth roadmap, expansion strategy, and...
Hareesh Ramanna, CXO, Sasken Technologies and President, Borqs Technologies (Sasken Group), India

“Nothing Works In Isolation Anymore; Everything Is Connected”- Hareesh Ramanna, Sasken Technologies 

0
From design in India to scale for the world, Hareesh Ramana of Sasken Technologies and Borqs Technologies reveals how AI is reshaping IoT innovation...

Startups

Minister Dr Jitendra Singh commends India's startup growth in Bengaluru event

India’s Startup Ecosystem Creates Nearly 2.5 Million Jobs, Says Minister

0
From a few hundred ventures to 230,000 startups, India’s innovation ecosystem has generated nearly 2.5 million jobs while expanding beyond major cities. India’s startup ecosystem...

“We Can Turn Any IP Camera Into A Real-Time, AI-Powered Monitor”

0
A Vellore-based startup claims to turn any camera into a system that detects tampering, tracks people, and sends real-time alerts across multiple locations. Quantum Sharq,...
Prajwal Lale, CEO, P.L.Robotics Pvt Ltd (PLR)

“Cobots built for India, rooted in research, driven by young minds, and are ready...

0
Can India automate on its own terms? With a small lab in Pune creating cobots by young engineers for India’s real factory needs, Prajwal...
Humanoid robot

Addverb Seeks $100 Million For Robotics Expansion

0
Can an Indian robotics company challenge global industry leaders? Relian-backed Addverb is seeking fresh funding to expand AI, humanoid and automation technologies. Addverb Technologies, the...
Image used for representation purposes

French Counter-Drone Startup Alta Ares Raises €50 Million In Fresh Funding

0
The investment will support production expansion and international growth as demand for air-defence technologies continues to rise. French counter-drone startup Alta Ares has raised €50...