![WHY INDIAN ORGANISATIONS NEED A CYBER RESILIENCE STRATEGY FOR BUSINESS CONTINUITY](https://cdn.magzter.com/1359628064/1725369950/articles/5MWKn9vN81725458396149/WHY-INDIAN-ORGANISATIONS-NEED-A-CYBER-RESILIENCE-STRATEGY-FOR-BUSINESS-CONTINUITY.jpg)
Tell us about the evolution of new ransomware tactics and the state of cyber security in India
In this respect, India is no different to the rest of the world, with cyberattacks like ransomware a true digital scourge. Part of the challenge that ransomware poses lies in the fact it has continued to evolve over time and has become more complex, potent, and targeted. The first iteration of ransomware, or Ransomware 1.0, was and is relatively easy for organisations to shield themselves against through backups where data could be recovered from and business processes restored. Then Ransomware 2.0 upped the ante and could foil recovery by destroying backups first and encrypting the data. More recently we’ve seen attacks emerge that could be considered Ransomware 3.0, whereby double extortion occurs after data has been encrypted or exfiltrated.
Ransomware tactics have also certainly evolved, with ransomware-as-a-Service (RaaS) emerging in the last few years. RaaS has in many ways not only gone a long way towards democratising ransomware by lowering the technical barriers to entry for threat actors, but has also allowed cybercrime gangs to scale their operations and revenue generation. We have seen RaaS kits such as Locky, Goliath, and Shark provided by groups like DarkSide, Hive, and REvil to allow a wider set of cybercriminals to target organisations’ vulnerabilities and technology infrastructure.
Ransomware attacks are firmly a case of ‘when’ and not ‘if’, which means Indian organisations need a holistic strategy centered around cyber resilience that allows them to recover their data - regardless of the type of attack or attack technique - and restore their usual business processes.
Bu hikaye Siliconindia - India Edition dergisinin September 2024 sayısından alınmıştır.
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Bu hikaye Siliconindia - India Edition dergisinin September 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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