Hyderabad: While working and learning from home has reduced the stress of Covid-19 spread, it has caused an increase in the hacking and data breaches across the country.
According to a three-month analysis by Verizon Business 2020 Data Breach Investigations Report (DBIR), about 80 per cent of breaches within the hacking category are caused by stolen or brute forced credentials. The report reviewed 474 data breach incidents from March to June and 36 confirmed data breaches were identified to be related directly to Covid-19.
“In view of the pandemic, many organisations have adopted new technologies such as SaaS, cloud-based storage and the use of third-party vendors to support their customers. While the SaaS solutions mentioned above, or the cloud itself, are not inherently less secure, however the concern arises from the fact that due to the conditions the pandemic has created, most organisations are adopting them in a hurried fashion, and they are often forced to do so while relying on fewer resources in terms of both personnel and revenue thereby multiplying the risk,” said Prashant Gupta, Head of Solutions, Verizon Business.
The DBIR was launched in association with the Telangana government and Hyderabad Security Cluster. Speaking on the report, Telangana IT and Industries department principal secretary Jayesh Ranjan said that while digital has become the need of the hour, masses are still vary of using the online mode for financial transactions due to the severe amount of mistrust. “In such a scenario it is important to push the cybersecurity agenda to not only imbibe trust among masses but also to decrease the rate of cyber crimes happening,” he said.
The Verizon Business 2020 Data Breach Investigations Report analysed 32,002 security incidents, of which 3,950 were confirmed breaches; almost double the 2,013 breaches analysed last year. These cases came from 81 global contributors from 81 countries including the Government of Telangana and the Hyderabad Security Cluster.
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