New Delhi: India needs to beef up its cyber security as such attacks could adversely impact the country’s growth and worsen relations with its neighbours, a joint Assocham PwC report said.
“Cyberattacks can deliver economic blows, derail India from its projected growth trajectory and worsen relations with our neighbours, unleashing a state of anarchy,” it said.
The report pointed out to the rise in digital payments and projected growth of India’s digital economy to $1 trillion in next 5-7 years from $270 billion at present. This growth in digital payments, the report said is opening up gaps which can be exploited by the adversaries.
“The number of incidents reported by the Indian Computer Emergency Response was 27,482 till June 2017," the report said....