200% rise in ransomware attacks in India during June quarter

Cybersecurity firm Seqrite’s said that ransomware attacks in India increased by 200% QoQ during the Q1 of FY 2020. Four lakh cases were reported during the period with Maze ransomware on the top of the list followed by — Ryuk, Netwalker, RagnarLocker, PonyFinal, Tycoon. Lack of robust cybersecurity infrastructure to cover the remote working location caused an unprecedented rise. BFSI, Manufacturing, IT/ITES and government departments are high return targets for cybercriminals for the sensitive data they hold.

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