India’s share of cybercrime is low, but it isn’t pretty

If you are aware you will not be surprised but if not, you will definitely be awestruck to learn that today, one of the most rapidly growing industry is cybercrime. It will not be wrong to say that one of the major reason behind its success is ignorance of individuals, governments and enterprises.

(Click on the box to scroll through countries, ranks and states)

With cybercrime McAfee says that the returns are great and the risks are low. McAfee in a recent report estimate that the likely annual cost to the global economy from cybercrime is more than $445 billion, including both the gains to criminals and the costs to companies for recovery and defense. It also claimed that a conservative estimate would be $375 billion in losses, while the maximum could be as much as $575 billion.

Carrying out a cyberattack is getting easier by the day. Botnets, DDoS attacks, spams, phishing are some of the easy ways that hackers and cybercriminals are using to steal your intellectual property. Below is a look at where countries are placed with respect to cybercrime.

India’s share of malicious computer activity is only three percent and it is nothing when compared to USA and China. But at the same time we need to realize that even US and China once had a low share. As internet keeps penetrating to every nook and corner of India, the country becomes more vulnerable to attacks.

Here is how cybercrime in India looked like from 2011-2013 (data collected from government records) according to Factly.in and what is more worrisome is that the data has not been updated after 2013 by our government. Let’s leave the present data to your imagination.

Today we are talking about digital India and doing everything online, but if we forget to secure activities done through the internet now there will be chaos and losses resulting in nothing less than tragedies.