INSUBCONTINENT EXCLUSIVE:
Around 9 out of 10 BFSI sites experienced bot attacks across the world, the report found out
Photo: Bloomberg2 min read Last Updated Jun 17 2024 | 10:22 PM IST
A massive jump of 261 per cent in cyberattacks was witnessed by Indian
websites in the first quarter of calendar year (CY) 2024, compared to Q1 of CY23, according to a report released on Monday by application
power and energy companies faced up to 500 times higher number of attacks than the industry average, said the report.
"A 2.5-time increase
in attacks on Indian applications is a matter of great concern
Compared to last year, we are also seeing more attacks on unregulated industries such as power and manufacturing
Consistent with global trends, DDoS (Distributed Denial-of-Service) and bot continue to be the top two threat vectors employed by attackers
three months of 2024, compared to the same period of the previous year
DDoS is a cyberattack methodology where the attacker floods a server with internet traffic to prevent users from accessing connected online
Insurance (BFSI) sector apps witnessing the same throughout the quarter
times higher number of attacks than the industry average
Banking and finance sectors faced 4x higher encoding attacks
100% of healthcare
sites witnessed a bot attack in Q1CY24
DDoS attacks rose by 76% in Q1CY24 compared to Q1 CY23First Published: Jun 17 2024 | 5:33 PMIST
