The Silicon Review ^Asia

Seqrite, the subsidiary of Quick Heal Technologies has prepared a new report which shows that Indian enterprises faced more than 2.6 crore cyber threats during the third quarter of 2018, i.e. 2.8lakhs/day.

The company on Wednesday released its "Seqrite Quarterly Threat Report Q3 2018". According to it, the highest number of threats was faced by the IT and IT enabled services companies; more than 40% of the threat targeted the industry.

Apart from the cyber threat, other important sectors like hospitality, manufacturing and education were also deemed to be at risk by 17.88%, 12.56% and 9.17%.

According to Sanjay Katkar, joint MD and CTO of Quick Heal Technologies, currently, it is clear that the enterprise is facing an unparalleled security challenge.The traditional security parameters have been destroyed by the growing interconnectivity.

The reports also revealed that, cryptojacking is also posing as a growing threat, while the most common vectors for cybercriminals were infectors, worms, adware, PUAs, Ransomware and exploits.

Overall, during the Q3, 2018, Seqrite detected over 24,000 cryptojacking hits per day.

Now what is Cryptojacking? In simple terms, it is a form of cyberattacks. Here, the hackers mine cryptocurrency by breaching into an infected system’s processing power. If the attack remains undetected for a longer period of time, then, the platform could also be used to execute several other dangerous attacks.

Indian Firms has to be more concerned about their security issues otherwise they may face severe threats.