Nitin bhatnagar - Latest News Update, Information, Photos & Videos on Nitin bhatnagar at Lokmat Times

Industry-leading organization PCI Security Standards Council (PCI SSC) highlights the danger of ransomware threats and best practices to mitigate them in a recently issued bulletin, which can be viewed . Ransomware attacks have been front and centre in the news over the past year due to various high-profile breaches that have impacted businesses across the globe. These attacks have been part of a larger global increase in ransomware crime over the past year. In fact, it is estimated that ransomware attacks cost the world $20 billion and hit 37 per cent of all businesses and in . The impact of this can be clearly seen in the Asia-Pacific region where India has been one of the country's worst affected by ransomware crime. Last year, 49 per cent of companies in India suffered multiple ransomware attacks, while 76 per cent have experienced at least one, according to a recent by US security firm Crowdstrike. This makes India among the top 3 most affected countries when it comes to ransomware and demonstrates that it is critical for Indian businesses to protect themselves against cybercrime. Nitin Bhatnagar, Associate Director India, PCI Security Standards Council, on cybercrime in India said "As an industry-leading organization for payment security in India, we are issuing this bulletin to help educate those who work in payments and security about the presence and growing risk of ransomware attacks. Organizations in India need to be aware of these threats and need to make cybersecurity a top priority as the number of cyber-attacks is on the rise."A ransomware attack involves cyber criminals gaining access to your network, systems and data and then rendering parts of these unusable, and/or stealing some of the data you have stored. The cyber-actor then 'ransoms' the data back by requiring payment to provide a decryption key to allow for the recovery of the encrypted data and systems or to . Ransomware attacks are often the result of a phishing attack, when a company employee clicks on a malicious link, or the exploitation of known vulnerabilities in outdated software. When it comes to protecting payment card data, which is often the target of a cyber-attack, adherence to the PCI DSS is considered a best practice. It consists of steps that mirror industry-accepted security best practices and at a high level requires you to consider how to mitigate the impact of a cyber-attack. Speaking on combatting the growing threat of ransomware attacks, Lt Gen. Dr Rajesh Pant, National Cybersecurity Coordinator, Prime Minister's Office Government of India said, "The imminent threat of ransomware needs serious and immediate attention. We have seen a rise in the number of ransomware attacks over the last 2 years in India. Cybercrime is growing and evolving at a rapid pace which makes it crucial for us to be equipped with the right tools and information to tackle it. We are pleased to see global payment security standards body PCI SSC's constant efforts to educate businesses and government organizations on the best practices to tackle such threats." Learn more about the threat of ransomware attacks and the many ways to better protect against in PCI SSC's recently issued bulletin, . It highlights best practices businesses can take to mitigate the threat of ransomware attacks, including how the PCI DSS can be helpful in preventing an attack and improving payment data security.This story is provided by BusinessWire India.will not be responsible in any way for the content of this article. (ANI/BusinessWire India)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Nitin BhatnagarFOLLOW

Nitin bhatnagar, Latest News

Business :Infopercept Consulting Pvt Ltd to partner with PCI Security Standards Council to help secure payment data worldwide

Ahmedabad (Gujarat) [India], March 16 (/SRV): Infopercept, a global cybersecurity solutions and services company announced today that it has ... ...

Business :Crossbow Labs appointed to PCI SSC GEAR, will represent payment security practices of the Indian fintech space

Crossbow Labs, has been appointed to the PCI Global Executive Assessor Roundtable by the PCI Security Standards Council (PCI SSC). Crossbow Labs has the unique privilege of being the youngest company to become a representative, representing the regio ...

Business :Securing the Future of Payments: PCI SSC Publishes PCI Data Security Standard v4.0

The PCI Security Standards Council (PCI SSC), a global payment security forum, published version 4.0 of the PCI Data Security Standard (PCI DSS). ...

Business :India among top 3 countries most affected by ransomware attacks

Industry-leading organization PCI Security Standards Council (PCI SSC) highlights the danger of ransomware threats and best practices to mitigate them in a recently issued bulletin, which can be viewed here. ...