Global Market Insights Inc.’s Post

Massive Data Breach in India: A Wake-Up Call for Cybersecurity India has witnessed a data breach of unprecedented scale, with the personal details of a staggering 81.5 crore citizens potentially exposed. This alarming incident involving Covid-19 test records raises critical concerns about data security and demands immediate action. Key Points: Massive Leak: The hacker claims to possess sensitive data including Aadhaar and passport information, phone numbers, and addresses. Official Response Needed: The Indian government and ICMR need to address this breach transparently and investigate thoroughly. Monetization of Data: The hacker's demand for ransom highlights the financial incentive for cybercrime. Recurring Incidents: This is not an isolated event; previous breaches at AIIMS showcase vulnerabilities in medical institutions. Implications: Urgent Need for Cybersecurity Measures: Robust data protection policies and infrastructure are crucial to safeguarding citizen data. Reassessing Data Security: This incident necessitates a comprehensive evaluation of data security practices. Protecting Trust in Digital Services: Ensuring data security is vital for maintaining trust in digital services and medical records. Global Repercussions: Data breaches can affect foreign nationals too, impacting international relations. Identity Theft and Fraud Risks: Exposure of sensitive information puts individuals at risk of cybercrimes. Call to Action: Cybersecurity is a Shared Responsibility: Individuals, organizations, and governments must all prioritize data protection. International Cooperation: Global collaboration is essential to combat cyber threats and protect personal information. This data breach serves as a stark reminder of the ever-evolving cybersecurity landscape. By taking decisive action, we can build a more secure digital future for all. #India #DataBreach #Cybersecurity #Privacy #Aadhaar #Passport

Unveiling Cyber Threats. Key Cyber Stats: Businesses lost $4.35 million on average due to cyber breaches in 2022. The number of victims per hour skyrocketed from 6 to 97 over 20 years. Investment fraud topped cyber crime costs at $70,811 per victim in 2022. Global Cyber Trends: Cyber crime reports in Canada surged by 153% from 2017 to 2021. Nearly one-third of UK businesses faced cyber attacks or breaches in 2023. Ransomware targeted 79% of Malaysian organizations in 2021. Asia's and Africa's Cyber Landscape: India saw cyber crime reports soar from 208,456 in 2018 to 1,402,809 in 2021. Financial fraud dominates cyber crime in Pakistan. The Nigerian government convicted 2,847 individuals for cyber crimes since early 2022. Europe's Cyber Challenges: Russia grapples with over 42.92 million data breaches in Q1 of 2022. 72.6% of German organizations encountered cyber attacks in the last 12 months. UK ranks 5th in cyber security, with 39% of businesses attacked in 2022.

 𝐂𝐲𝐛𝐞𝐫 𝐞𝐱𝐩𝐞𝐫𝐭𝐬 𝐞𝐱𝐩𝐫𝐞𝐬𝐬 𝐜𝐨𝐧𝐜𝐞𝐫𝐧 𝐚𝐛𝐨𝐮𝐭 𝐝𝐚𝐭𝐚 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 ✍ Digital transformation and Development of advanced technologies are progressing at full pace in India but cyber experts have expressed concern about the security of the sheer size of data that the country will have to manage, given its neighbouring adversaries as well as the growing sophistication of scammers. 🔐 Cybersecurity is getting very complex, especially in today's evolving threat landscape with increasingly sophisticated cyberattacks, which in some cases is hard to understand and keep up with 📌 Very often cybersecurity is mainly left to the responsibility of a company IT team to manage and management to ensure that the organisation can survive cyberattack and continue doing business uninterrupted. 📌 Post-Covid-19, hospitals in India and generally across the world were forced into accelerated digital transformation, with a focus on a zero-touch approach as opposed to paper-based previously. However, digital implementations were carried out without a security-first approach, leading them to suffer security gaps, and sealing their current security weaknesses, Even if we have solutions in place, the challenge is going to pop up because cybersecurity is going to be the big data problem. And who is going to control the data is going to control the keys to the kingdom Cyber experts feel that even if laws, legislations, policies and mandatory compliance requirements are in place, the question is whether the implementation of cyberattack is borderless and can originate from anywhere in the world.   #IThiring #ITConsulting #ITServices #staffing #RPO NLB Services

Massive Data Breach Hits India’s eMigrate Portal A Hacker Claims Access to Personal Information of Thousands The Breach: A hacker has surfaced, claiming to have breached the eMigrate portal, a crucial Indian government platform that facilitates legal emigration for blue-collar workers. The hacker is allegedly selling a vast database that includes sensitive personal information such as full names, email addresses, phone numbers, dates of birth, mailing addresses, and passport details. What’s at Stake? The data breach reportedly affects at least 200,000 registered users. Among the compromised data are records of Indian government officials, including a foreign ambassador. This raises significant concerns about the security of personal data on government platforms. Verification and Response: TechCrunch has verified the authenticity of some of the published data, finding it to be genuine. The Indian government's Computer Emergency Response Team (CERT-In) is reportedly taking action, though the Ministry of External Affairs has yet to respond. Recent Cybersecurity Incidents: This incident is part of a worrying trend of cybersecurity breaches targeting Indian government platforms. Previous leaks have exposed sensitive citizen information and even led to scams involving online betting ads. Stay Informed and Protected:  This breach underscores the critical need for robust cybersecurity measures. Ensure your personal information is secure and stay updated with the latest developments. Like this post and follow our page for more updates on this story and other tech news! Stay informed and stay safe #databreach #cybersecurity #emigrateportal #dailytechnews #techlabgeek

The market for #ProductSecurity & #ITSecurity Assessment is estimated at $155 billion in 2020 and is forecast to grow at a #CAGR of 7.0% during the forecast period 2021 to 2026. ➡️ 𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 @ https://lnkd.in/g5XQmzec   As stated by #INTERPOL, in a 2019 annual report, #cybercrime is the fastest growing crime in the world at 9% Year-over-Year. Now, this has made #cybersecurity an indispensable need of the hour in businesses, government bodies, and the financial sector. Its deployment has been driven remotely by everything that utilizes data, thereby significantly contributing to the adoption of product and payment card security and IT security assessment. ➡️ 𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 @ https://lnkd.in/ggGG3-Fx North America has dominated the market share in 2020, however #APAC is analysed to grow at highest rate during the forecast period owing to the adoption of #productsecurity & it security assessment due to increasing #cyberattack -attacks. #BFSI sector is analysed to hold highest market share in 2020 owing to the high cyber-attacks reported in the sector. ➡️ 𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :  Synack, Inc. |HackerOne | Bugcrowd |Cobalt | Detectify | NCC | Veracode | WhiteHat Jr | Trustwave | Rapid7 | Tenable | Qualys | Checkmarx | Fortify | AppCheck Ltd | Securonix | Imperva | F-Secure Corporation | Digital Savants | FireEye, Inc. |

Recently, there has been a concerning development in the realm of data security. A threat actor, going by the alias 'pwn0001,' has claimed to have access to a massive dataset containing information about Indian citizens, including Aadhaar and Passport records. To put the scale in perspective, it's reported to include records of over 815 million individuals, which is more than half of India's population. While this is undoubtedly unsettling, it's important to approach this news with a balanced perspective. The threat actor is demanding $80,000 for the entire dataset, but the source of this data breach remains undisclosed. Here are some key points to consider: 🔒 Data Security is a Priority: This incident underscores the critical need for robust data protection measures. It serves as a reminder for individuals, organizations, and government bodies to continually strengthen their cybersecurity protocols. 📝 Responsible Handling of Data: We must ensure that sensitive personal information, such as Aadhaar and Passport data, is handled with utmost care and responsibility. Transparency and accountability in data management are essential. 🔍 Thorough Investigation: While the exact source of this data leak is unknown, it's crucial for investigators and authorities to conduct a thorough investigation and take appropriate actions. 🙏 Awareness and Education: Staying informed and educating ourselves about data security best practices is a shared responsibility. Let's work together to create a safer digital environment for everyone. In this digital age, our personal data is a valuable asset, and protecting it should be a collective effort. Let's use this incident as an opportunity to enhance our data security awareness and practices. Stay safe online! 💻 Article Link: https://lnkd.in/dD9sq_jg #datasecurity #privacymatters #privacy #data #cybersecurity

Federation of Indo- Israel Chamber of Commerce organized Business Workshop on Cyber Security for it's members with Mr Ritesh Bhatia ( Noted Cyber Crime Investigator & Cyber crime consultant) . My Good friend Hon'ble Consul General Of Israel Mr Kobbi Shoshani chaired the session. Would like to make all of you aware that our Cyber Security is likely to have breached at some point of time with AI & Deep Fake technology making new inroads of Cyber Crime . Your all conversations, all datas can be accessed by different spying apps . Few steps which we all should implement. 1. Don't keep same password for many things & change it from time to time . 2.Make double level approval for any financial transaction or logging from different device 3. Remove all non- required apps from your phone. 4. Don't take anything on the web on facevalue & check for authentication. 5.Pls be cautious on finding something on Google as there many fake accounts enlisted of the fraudsters. 6. Don't take video call from unknown numbers . 7. If u are duped call 1930 within 30 mns Mr Kobbi Shoshani ( CJI ) congratulated India on it's Moon Mission & said the world's expectations has increased many fold from India now . He also mentioned that next war may not be war of Bullets , but on Cyber space by Data Theft , Jamming Trafic , Controlling GPS For Aircrafts & so on . We all need to educate ourselves on Cyber Crime & take caution. Overall , it was a great learning session & meeting Industry Friends .

In today's #digital age, the importance of #privacy and #data security cannot be overstated. Personal data has become a valuable commodity, and its protection is vital. Data privacy encompasses individuals' rights to control their personal information, while data security focuses on safeguarding data from unauthorized access, breaches, and theft. The challenges in this realm are significant. #Cyberattacks, including ransomware and #data breaches, pose substantial #threats to individuals and organizations alike. Compliance with complex data privacy laws and regulations adds an additional layer of complexity. Moreover, the human element, including susceptibility to #socialengineering, underscores the need for ongoing education and vigilance. In this landscape, #individuals must take proactive steps to protect their personal #data, such as using strong authentication methods and being cautious online. Meanwhile, organizations must prioritize data security to maintain trust with their customers and clients. As the digital world continues to evolve, privacy and data security will remain critical aspects of our interconnected lives, demanding our unwavering attention and effort. #brand #socialmediagoals #office

43 Million Impacted in France's Largest Data Breach to Date The breach took place between February and March at France Travail, a government unemployment agency. At the time of the breach, the agency still held the personal information of its inactive users, many of whom hadn't used its services for over twenty years! The cyberattack exposed sensitive data such as names, dates of birth, contact information, social security numbers, and other personal identifiers. Despite the severity of the breach, France Travail took a month to notify the supervising authority. Proper implementation of data retention and destruction policies by the agency could have significantly reduced the impact of the breach. As the investigation into the matter continues, France Travail may face substantial fines, highlighting the importance of prioritizing privacy measures. Businesses are urged to establish and adhere to robust retention and destruction of personal information policies, alongside maintaining sound privacy practices, to mitigate the risks associated with data breaches. France Suffers Massive Data Breach (https://lnkd.in/g_shQv4B) #dataprotection #privacy #securitypractices

𝐁𝐨𝐚𝐭 𝐑𝐨𝐜𝐤𝐞𝐝 𝐛𝐲 𝐃𝐚𝐭𝐚 𝐋𝐞𝐚𝐤! 𝐌𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐨𝐟 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 𝐀𝐟𝐟𝐞𝐜𝐭𝐞𝐝 - BoAt, a popular audio and wearables brand, faced a data breach exposing personal information of over 7.5 million customers. - Sensitive details compromised include names, addresses, phone numbers, email addresses, and customer IDs. 𝐖𝐡𝐞𝐫𝐞'𝐝 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚 𝐆𝐨? - The stolen data ended up on the dark web and was reportedly being sold for as little as ₹180. - Experts suspect the breach might be due to a security flaw within boAt's system or a service they use. 𝐈𝐧𝐝𝐢𝐚'𝐬 𝐍𝐞𝐰 𝐃𝐚𝐭𝐚 𝐋𝐚𝐰 - 𝐀𝐫𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐑𝐞𝐚𝐝𝐲? ⚖️ - India's DPDP Act requires companies to prioritize customer data security, with strong measures and regular vulnerability checks. - Despite being in effect since last year, many companies are waiting until after the upcoming elections to comply fully. 𝐓𝐡𝐞 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲: 𝐃𝐨𝐧'𝐭 𝐖𝐚𝐢𝐭 𝐔𝐧𝐭𝐢𝐥 𝐈𝐭'𝐬 𝐓𝐨𝐨 𝐋𝐚𝐭𝐞! ⏰ - This data breach underscores the importance of prioritizing data security for boAt and other companies. - With the DPDP Act, failure to protect customer information can lead to serious consequences. - Avoid being the next company caught in a data security storm. Be proactive to assess your cyber resilience through Red Teaming excercise. We are just a call away for any discussions as a CERT-IN Empanelled Partner. #boat #prime #primeinfoserv #cert_in