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Over 2.9 lakh cyber security incidents related to digital banking reported in 2020

Over 2.9 lakh cyber security incidents related to digital banking reported in 2020

Over 2.9 lakh cyber security incidents related to digital banking were reported in 2020, Parliament was informed on Thursday. As per the information reported to and tracked by Indian Computer Emergency Response Team (CERT-In), a total number of 1,59,761; 2,46,514 and 2,90,445 cyber security incidents pertaining to digital banking were reported during 2018, 2019 and 2020, respectively, Minister of State for Electronics and IT Sanjay Dhotre said in a written reply to the Rajya Sabha.

These incidents included phishing attacks, network scanning and probing, viruses and website hacking, he added.

The Minister noted that the rising popularity of non-banking financial companies (NBFCs) along with e-commerce has also expanded the scope of digital payments.

“The percentage rise in digital transactions is 46 per cent in 2020 in comparison to 2018-19,” he said.

The numbers of digital transactions have increased from 3,134 crore in the financial year (FY) 2018-19 to 4,572 crore in FY 2019-20, Dhotre added.

Responding to a separate query, the minister said the number of websites/webpages/accounts blocked stood at 9,849 in 2020.

This was 2,799 in 2018 and 3,635 in the year 2019.

He said Section 69A of the IT Act empowers the government to block any information generated, transmitted, received, stored or hosted in any computer resource in the interest of sovereignty and integrity of India, defence of India, security of the State, friendly relations with foreign states or public order.

In response to another question, Dhotre said 6,233 cases were registered in 2019 under fraud and cheating (involving communication devices as medium/ target as per Information Technology Act 2000), as per National Crime Records Bureau (NCRB) data.

“As per NCRB, number of cases registered under fraud and cheating (involving communication devices as medium/ target as per IT Act 2000) for cyber crimes are 3,466, 3,353, 6,233 during the year 2017, 2018 and 2019, respectively,” he added.

Cert-In issues ‘virus alert’ for some Wi-Fi routers from Huawei, Netgear, D-Link and others

Cert-In issues ‘virus alert’ for some Wi-Fi routers from Huawei, Netgear, D-Link and others

If you are using an old Wi-Fi router at your home to stay connected to the internet then it may be time to update its firmware or get a new one. The Indian Computer Emergency Response Team (CERT-In) has issued an advisory regarding a new malware named Mozi is affecting IoT devices globally.

If you are using an old Wi-Fi router at your home to stay connected to the internet then it may be time to update its firmware or get a new one. The Indian Computer Emergency Response Team (CERT-In) has issued an advisory regarding a new malware named Mozi is affecting IoT devices globally. Some routers from brands like Netgear, Huawei, D-Link and others are affected.

The Mozi malware mainly targets home routers and DVRs which are either unpatched, loosely configured or have weak/default telnet credentials. “It consists of source code from Gafgyt, Mirai, and IoT Reaper; malware families which are targeting IoT devices. Mozi could compromise embedded Linux devices with an exposed telnet. The infected devices form a peer-to-peer (P2P) botnet and use a distributed hash table (DHT) to communicate with other infected host systems,” said CERT-In in its advisory.

Affected devices include Eir D1000 Router, Vacron NVR devices, devices using the Realtek SDK, Netgear R7000 and R6400, DGN1000 Netgear routers, MVPower DVR, Huawei Router HG532, D-Link devices, GPON routers and others.

CERT-In is advising users to update their devices with patches as and when released by respective OEM of devices. If devices are found infected, it is recommended to reset device firmware or restore it from trusted backup. “Monitor or block UDP traffic from the device to Bit Torrent DHT bootstrap nodes. Block outgoing TCP traffic with destination ports 22, 23, 2323, 80, 81, 5555, 7574, 8080, 8443, 37215, 49152, and 52869, if not in use,” it suggested.

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