Cyber-attacks may be planned, carried out faster than a gunshot: Fraud detection firm mFilterIt

“Having a weak link can compromise a company’s or a country’s core infrastructure systems,” said Amit Relan, co-founder and president of mFilterIt.

“Having a weak link can compromise a company’s or a country’s core infrastructure systems,” said Amit Relan, co-founder and president of mFilterIt.

Cyber ​​attacks can be planned and executed faster than a gunshot, says mFilterIt, a fraud detection and prevention company. “We live in such extraordinary times that a cyber attack may be planned and executed faster than a gunshot. And in this environment, having a weak link can jeopardize a company’s or a country’s core infrastructure systems,” said Amit Relan, co-founder and president of mFilterIt.

In a report released on March 25, the company made sure that global and Indian governments, agencies and enterprises dealing with data, Internet-as-a-Service or any other business that runs on cyber infrastructure were at risk of cyber threat and should adopt dynamic strategies to ensure security.

The study also said that modern cyberwarfare was no longer just about public or private enterprises engaged in the direct defense of a country, but that the threat was much more pervasive and pervasive.

Cyber ​​warfare has the potential to harm any government and entities involved in humanitarian activities and aid for nation-building and reconstruction, which has been re-emphasized in the ongoing conflict between Russia and Ukraine, the study noted.

US intelligence agencies, the Department of Homeland Security and the FBI noted an 800% increase in cyberattacks within 48 hours of the start of the war between Russia and Ukraine. The cyberattacks on the digital infrastructure began hours before the first missile was launched on Feb. 24, according to the Microsoft Threat Intelligence Center.

After the pandemic, the number of cyber intrusion incidents around the world has risen dramatically. In India, more than 11.5 lac cyber attacks were recorded and reported to the Computer Emergency Response Team (CERT) in 2021, and ransomware attacks are up 120%.

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