Ransomware attacks have doubled over the past year

Verizon’s Data Breach Investigations Report 2018 shows they account for two out of five malware-related breaches now. Worryingly, hackers are increasingly targeting business-critical functions like human resources departments to “extract employee wage and tax data… to commit tax fraud and divert tax rebates”. Pretexting (wherein an individual lies to obtain privileged data) and phishing account for 98% of social incidents and 93% of all such attacks, the study says. A recent survey showed that India was the third-most vulnerable country in the world by the number of security threats.