Cyber pirates at large, India readies moats

Cybersecurity threats against India’s critical infrastructure companies are mounting as several state actors in Europe, Russia, Israel, Iran and Southeast Asia are on the hunt for data they can steal, with the possible intent of crippling and blackmailing them for ransom.

The Indian Computer Emergency Response Team (CERT-In), Reserve Bank of India (RBI), Securities and Exchange Board of India (Sebi) and defence ministry have issued several advisories to energy utilities, telecom networks, banks and stock exchanges, telling them to strengthen protections against cyber espionage and hacktivist groups, said people with knowledge of the matter.