HomeNewsIndia'1.5 lakh online transactions get compromised in India'

'1.5 lakh online transactions get compromised in India'

Source said the National Cyber Security Coordinator attributed the breach to phishing attack, ransomware, IP address manipulation, etc.

February 13, 2018 / 21:38 IST
Story continues below Advertisement

As many as 1.5 lakh online transactions, out of the total 230 crore such deals, get compromised on a daily basis in India, according to sources.

"In IT ministers' conclave, it was said that on an average 2.3 billion e-transactions take place daily in the country, out of which 0.15 million get compromised," official sources citing a presentation by National Cyber Security Coordinator Gulshan Rai said.

Story continues below Advertisement

The presentation was made by Rai at state IT ministers' conference, which was chaired by Union IT Minister Ravi Shankar Prasad.

Source said that Rai attributed the main reason for the breach to phishing attack, ransomware, IP address manipulation, etc.