In a recent revelation, it has been disclosed that the Indian cyberspace is experiencing a significantly higher rate of cyber incidents compared to the global average. The National Cybersecurity Coordinator highlighted this concerning trend during a session on “Aligning Technologies to Future Conflicts” at the Synergia Conclave 2023.
Over the past ten months, ransomware attacks have led to staggering payments, reaching an average of $1.54 billion. This represents a doubling since 2022, highlighting the growing threat landscape in the digital realm. It”s worth noting that these reported payments are likely just the tip of the iceberg, as many incidents go unreported.
The Indian cyberspace has witnessed an average of 2,127 cyber incidents in the past six months alone, a figure nearly doubles the global average of 1,108. This stark contrast emphasises the urgent need for collaborative efforts on a global scale to contain and mitigate disruptive practices in cyberspace.
Addressing the escalating challenges, there is a call for nations to unite and explore solutions beyond national boundaries. Numerous initiatives under the United Nations (UN) and regional forums are actively seeking ways to address the evolving landscape of cybersecurity. One significant global effort is the UN Group of Governmental Experts (UN GGE) on advancing responsible state behaviour in cyberspace. Established by the United Nations General Assembly, the UN GGE adopted a crucial report in 2021 that contributes significantly to the development of international cybersecurity.
Key recommendations from the UN GGE include the formulation of international norms and principles, the promotion of international cooperation, and the enhancement of national cybersecurity capabilities. To further bolster these efforts, an ad hoc committee is collaboratively working on a comprehensive international convention aimed at countering the misuse of Information and Communication Technologies (ICTs) for criminal purposes.
The alarming statistics and trends in the Indian cyberspace highlight the critical importance of concerted global action to address cybersecurity challenges and safeguard the integrity of digital environments worldwide.