Cyber Security is the protection of one’s information systems from theft, damage to hardware/software or to the information on them by way of unauthorized use. In India, the nodal agency for monitoring and dealing with cyber security threats is the Indian Computer Emergency Response Team (CERT-In).
According to the data collected by CERT-In and various other organizations, international agencies and individuals, 54483 cases of cyber security incidents such as phishing, spam and malicious code have been reported in the current financial year. The same was confirmed by the Communications and Information Technology Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha. He, however, added that the nodal organization does not maintain separate records for the losses incurred by companies due to cyber attacks.
Characterised by rapid developments and fast changing obsolescence, the information technology (IT) sector becomes vulnerable with newer discoveries and so, the minister said that the government is taking various steps to curb cyber-attacks.