One Step Ahead
DataQuest|October 2020
Enterprises need to think beyond existing cyber attacks and look for solutions that not just prevent existing threats, but are also future-ready
Sonit Jain
One Step Ahead

Security breaches have increased by over 11% since 2018 involving not only external actors but also internal actors. With the recent border tension and emergence of India as one of the powerful countries, has brought local enterprises, organization and government bodies under the limelight of Cyber Criminals. We also saw during the COVID-19 pandemic, an increase in the involvement of internal actors in aiding hackers and ill intention external actors to execute security breaches and leaking critical/ sensitive data, resulting in massive data breaches for both monetary and non-monetary benefits.

In a recent survey, it was found that hackers attack in every 39 seconds, with an average of 2,244 times a day targeting enterprises, critical data, the average cost of each breach being at USD 3.9 million. These data breaches include the involvement of internal employees acting as a threat in about 34% of total data breaches, some being financially motivated and others by personal gain, revenge or grudge against the enterprise. Other forms of attacks include the use of Email platform to enter the enterprises with shielding 95% of malware under office files.

Security has been an on-going and ever-changing process that tries to cope with the existing challenges instead of being prepared for the predicted future. This allows cybercriminals to find loopholes in the current security infrastructure and using it to their benefits.

Let’s look at some key trends in the cybercrime space, exploiting the enterprise’s weak security.

This story is from the October 2020 edition of DataQuest.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the October 2020 edition of DataQuest.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM DATAQUESTView All
The birth of the BPO industry and many other stories
DataQuest

The birth of the BPO industry and many other stories

Raman Roy - the Father of the BPO Industry in India and Life Achievement Award Winner for Dataquest 2023 had a very interesting chat with Editor Sunil Rajguru where he unravelled the story of BPO industry's rise both as a back-office and a third-party specialist-and, later, its ascension to the IT industry's fairy-ring in India. He also looks ahead and tells why, or why not, India can be the future superpower - specially with regulatory bottlenecks. Excerpts:

time-read
6 mins  |
March 2024
50 not out and still hitting the ball out of the park
DataQuest

50 not out and still hitting the ball out of the park

Dr. BVR Mohan Reddy - a legend of IT industry's glorious century and also the winner of Dataquest Lifetime Achievement Award presses a time-travel button as he chats with Editor Sunil Rajguru about his journey and IT industry's 'coming of age' story from 1991 to 2024. Find out how the country has traversed from entrepreneurship and education back then to now; and what lies a decade ahead.

time-read
6 mins  |
March 2024
Need to enhance entrepreneurship, industry partnerships, collaboration and skill development
DataQuest

Need to enhance entrepreneurship, industry partnerships, collaboration and skill development

We now stand at the 19th iteration of the Dataquest Top T-School study, a beacon of trust for students, parents, and recruiters alike. The Dataquest T-School Survey stands as an industry-recognized yardstick for technical education, delving deep into how T-Schools foster essential skills for the technology sector and beyond, casting light upon their contributions to the sector and its ecosystem.

time-read
6 mins  |
March 2024
Software-ascendancy helps hardware development
DataQuest

Software-ascendancy helps hardware development

Built-to-Order IT hardware, Data Centres in Pizza Boxes, Modular Data Centres and White Boxes - so much is changing in the so-called IT backyard of data centres. Amrish Pipada, CEO, Mega Networks Pvt Ltd gives us a whistle-top tour of this new engine-room and explains trends like modularity, indigenisation and the role of software here.

time-read
5 mins  |
March 2024
Are you ready for the AI PC?
DataQuest

Are you ready for the AI PC?

Are you ready for the AI PC? Probably smarter than us, you see.

time-read
6 mins  |
March 2024
The importance of integrating AI with existing business functions and tools
DataQuest

The importance of integrating AI with existing business functions and tools

Arun 'Rak' Ramchandran, President & Global Head - Consulting & GenAI Practice, Hi-Tech & Professional Services, Hexaware, talks about their GenAI solutions, LLMs, data, cloud, privacy, and sustainability.

time-read
6 mins  |
March 2024
Empowering sustainable data solutions
DataQuest

Empowering sustainable data solutions

In an era where data reigns supreme as the lifeblood of modern enterprises, navigating its complexities while ensuring sustainability has become paramount. Sheila Rohra, Chief Executive Officer of Hitachi Vantara, sits at the helm of one of the industry's leading forces in driving transformative data solutions.

time-read
5 mins  |
March 2024
EdTech's positive impact on skilling and linguistic diversity
DataQuest

EdTech's positive impact on skilling and linguistic diversity

As we witness the evolution of education, the fusion of technology and learning has led to unprecedented advancements, particularly in skilling and addressing linguistic diversity. EdTech platforms have emerged as catalysts, harnessing the power of digital innovation to equip learners with essential competencies while navigating India's rich linguistic diversity.

time-read
5 mins  |
March 2024
Crucial to integrate GenAl into disciplines like chemistry or biology
DataQuest

Crucial to integrate GenAl into disciplines like chemistry or biology

As the landscape of technology continues to evolve, transcending geographical boundaries, one key avenue that has played a pivotal role in preparing India's tech-savvy professionals is the collaboration with foreign universities.

time-read
4 mins  |
March 2024
IT staffing: From funnel-vision to tunnel-vision
DataQuest

IT staffing: From funnel-vision to tunnel-vision

Krishna Vij, Business Head, TeamLease Digital distills some recent trends and turning points in the IT workforce landscape. From the long-tail ripples of 'The Great Resignation' to skills that are fading to the relevance of Tier-2 and -3 towns for IT hiring - she gives us a quick CV of the industry that is applying for a new future.

time-read
2 mins  |
March 2024