Indian SMEs are target of phishing mails: Report | SupportBiz


Indian SMEs are target of phishing mails: Report

According to the Internet Security Threat Report, Volume 18 (ISTR) by Symantec Corp., virus laden emails are increasingly hitting Indian small and medium enterprises (SMEs), which steal valuable company related data.

The year 2012 has seen a 42 percent surge in global targeted attacks, as compared to the previous year.

“Increasingly, small to medium-sized businesses (SMBs) are finding themselves on the frontline of these targeted attacks as they have fewer resources to combat the threat and a successful attack here may subsequently be used as the springboard to further attacks against a larger organization to which they may be a supplier,” said the report, which was released in Mumbai on April 29 via mobile conference.

Targeted attacks are growing rapidly among businesses with less than 250 employees.

In 2012, the number of global web-based attacks increased by one third and many of these attacks originated from the compromised websites of SMEs that lack adequate security practices and infrastructure.

The report found out that, one in 661 emails was a phishing email for Indian SMEs and one in 248 emails carried a virus; while for larger Indian enterprises with 1,000-1,500 employees, one in 4,751 emails was a phishing email and one in 1,611 carried a virus.

Anand Naik, Managing Director-Sales, India & SAARC, Symantec said, "This year's ISTR shows a clear focus among cyber-criminals at targeting individuals, systems and organizations where the highest profits can be made.” He added that, India continues to rank high in the list for even the most basic threats, despite growing popularity in Internet and mobile technologies. The country needs to urgently improved awareness levels and security measures.   

The report also revealed that India has seen a 280 percent increase in bot infections, accounting for nearly 15 percent of global bot-net spam, which is responsible for disseminating an estimated 280 million spam messages per day worldwide.