iWorld
India fourth in phishing attacks
NEW DELHI: India has ranked fourth in phishing attacks in the third quarter of 2013, said RSA, a division of EMC.
India received three per cent of the total attack volume, said RSA in a statement.
Other countries targeted by phishing attacks were US (53 per cent), Germany (17 per cent), UK (eight per cent) and South Africa (three per cent). In top countries by attacked brands’ India ranked third with seven per cent of the total phishing volume worldwide. The US with 27 per cent and UK with 12 per cent topped the chart.
RSA identified 46,119 phishing attacks in September globally with a rise in 36 per cent increase as compared to the month of August (33, 861). Phishing attacks in the month of September also mark the highest number of attacks in this quarter while July 2013 saw 45,232 numbers of attacks. Top countries to host these phishing attacks include US (42 per cent), Canada (nine per cent), Germany (five per cent) and UK (four per cent).
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The total amount of losses incurred in third Quarter of 2013 was $1.66 billion.
Brands in the US, UK, India, and Australia were targeted by almost 50 per cent of phishing attacks in Q3 2013.
US remained the top country on the chart, targeted with 53 per cent of the total phishing volume in Q3 2013.
US incurred a loss of over $882 million followed by Germany with $294 million and UK with $133 million.
Meanwhile, cyber attack is likely to cost the average home user $418 in multimedia files, but a lot of this loss could be prevented if users purchase digital content after checking that the content is secure.
Kaspersky Lab in a statement that users can lose files in a number of different ways: losing a device, having a device stolen, or falling victim to malicious users.
According to the B2B International survey, 27 per cent of respondents encountered a cyber attack in the last one year. At the same time, over 60 per cent of users who were victims of malware that either damaged or destroyed data admitted that they had not been able to fully restore their files. During the same period, approximately 14 per cent of users dealt with the loss, theft or crash of their device.
Respondents in the 16-24 age group would face an average loss of $670, while those in the 25-34 group would incur an average loss of $455; users aged 45 and older would lose an average of $227.
Residents of China and Russia were likely to incur the highest average losses at $816 and $807 per user, respectively. This figure is considerably lower in Europe ($378) and North America ($342).
In order to protect digital assets, users not only need to back up their data on a regular basis – they also need to secure their personal devices against malicious attacks designed to steal or extort data. Smartphones and tablets should also have additional tools to help locate a lost device or to mitigate the potential damages of device theft.
eNews
BCG to lead India’s AI strategy at AI Impact Summit
The consultancy unveils reports, playbooks, and sector insights shaping India’s AI future
MUMBAI: Artificial intelligence is no longer just a buzzword in India. The focus has shifted from adoption to embedding AI across complex systems, and Boston Consulting Group (BCG) is taking centre stage at the AI Impact Summit India from 16–20 February in New Delhi.
BCG will steer conversations on scaling AI across key sectors including healthcare, education, agriculture, manufacturing, finance, skilling, and inclusive development. The summit also underlines India’s growing global influence in AI, with Union Minister Ashwini Vaishnaw highlighting the country’s top-tier position in AI preparedness, talent, and implementation.
BCG will launch two major AI reports, lead strategic sessions, and collaborate with government bodies, industry players, and global experts, reinforcing its commitment to India’s AI growth story.
BCG X India Leader Nipun Kalra commented, “AI is moving from experimentation to real-world impact. Hosting a global forum of this scale is a milestone for India, signalling its intent to lead from vision to execution. At BCG, we are helping design AI strategy playbooks, strengthen governance frameworks, and accelerate adoption across critical sectors.”
BCG India leader technology and digital advantage practice Saibal Chakraborty added, “Countries that learn systematically from peers move faster from strategy to execution. Proven approaches in governance, talent, and infrastructure help avoid pilot fatigue and focus on real impact.”
Key report launches include:
Playbook for national AI strategy and implementation
Created with JICA, this report offers governments a practical blueprint to design and operationalise national AI strategies. It presents a five-pillar framework covering strategy, competitiveness, enablers, infrastructure, and governance, with actionable steps for countries across the global South. The report will be launched during the panel discussion ‘Building Blocks for National AI Strategy and Implementation’ on 20 February.
AI for all: Catalysing jobs, growth, and opportunity
BCG, in partnership with India AI Mission and Prosus, explores how AI is transforming finance, education, agriculture, manufacturing, and healthcare. The report focuses on AI-led productivity, intelligent risk management, hyper-personalisation, and operating model redesign. It will be launched on 17 February.
Beyond reports, BCG will contribute to summit discussions and programmes:
- AI skilling: ‘Empowering the Human Edge: Building a Future-Ready Workforce in the Age of AI’ on 16 February, led by Sidharth Madaan, convening global experts.
- Sector-focused AI session: ‘AI for All: Catalysing Jobs, Growth, and Opportunity’ on 17 February, led by Vipin V and Tirtha Chatterjee.
- Healthcare panel: ‘From Volume to Value: Role of AI in Redefining Indian Pharma’s Leadership for Viksit Bharat 2047’ on 18 February, moderated by Priyanka Aggarwal.
- National AI strategy discussion: Panel on ‘Building Blocks for National AI Strategy and Implementation’ with Saibal Chakraborty on 20 February, featuring the launch of the national playbook developed with JICA.
With AI increasingly shaping economies and societies, BCG’s presence at the summit promises to turn insights into action, helping India write the next chapter in its AI journey.
