India Tops Mobile Malware Target: Crisis Demands Digital Literacy Apart from using modern devices, information literacy and privacy and security awareness are also key components of digital literacy

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

Digital literacy includes several components, and using digital devices (mobile phones, computers, and tablets) is one of them. In India, from Tier-I to Tier-IV cities, most people have access to mobile devices, even if they lack computers or tablets. According to the latest data from the Telecom Regulatory Authority of India (TRAI), India's telecom subscriber base crossed the 1.2 billion mark in April 2024. Wireless subscribers continue to dominate the total subscriber base, reaching 1,165.49 million during the reported period.

Apart from using modern devices, information literacy and privacy and security awareness are also key components of digital literacy.

Unfortunately, India lacks significantly in these two areas. As a result, issues like misinformation, fake news, and human errors, such as clicking on phishing links, sharing one-time passwords (OTPs), and getting scammed by fake banking websites, are rampant.

A recent report by Zscaler ThreatLabz, 2024 Mobile, IoT, and OT Threats, has raised alarms about the same concern. India has become the top global target for mobile malware attacks, accounting for 28 per cent of the total, surpassing the United States (27.3 per cent) and Canada (15.9 per cent) between June 2023 and May 2024. In 2023, India was ranked third globally. Additionally, according to the Delhi Police, online scammers had stolen a staggering INR 452 crore from Delhi residents' accounts by June 2024. The national figure would be exponentially higher if data from all Indian states were analyzed.

The findings also revealed troubling trends in the Asia-Pacific (APAC) region, where India represented 66.5 per cent of mobile malware targets. This is accompanied by increasingly sophisticated phishing campaigns targeting users of leading private Indian banks. Scam callers often pose as bank representatives to solicit OTPs, and fake banking websites closely resembling legitimate ones are used to trick mobile users into sharing sensitive banking credentials. As per report, 45 per cent year-over-year increase has been noticed in IoT malware transactions

On a positive note, India has shown some success in mitigating outbound threats, ranking seventh in the APAC region as a malware origin point—an improvement from fifth place last year. Singapore, China, and South Korea currently lead in this regard.

Suvabrata Sinha, CISO-in-Residence, India at Zscaler, explained that legacy systems (outdated software, hardware, or technology solutions) and unprotected IoT or Operational Technology (OT) environments are becoming prime targets for cybercriminals. "We see a significant rise in hacking campaigns targeted at these environments. It is necessary for Indian enterprises to adopt a robust Zero Trust security framework to secure their core operational environments. This will not only protect critical systems but also ensure business continuity in an increasingly connected world," he stated.

Deepen Desai, Chief Security Officer at Zscaler, further added, "Cybercriminals are increasingly targeting legacy exposed assets, which often act as a beachhead to IoT & OT environments, resulting in data breaches and ransomware attacks. Mobile malware and AI-driven vishing attacks add to that list, making it critical for CISOs and CIOs to prioritize an AI-powered Zero Trust solution to shut down attack vectors of all kinds and safeguard against these threats."

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Saying 'Please' and 'Thank You' to ChatGPT Costs OpenAI 'Tens of Millions of Dollars'

It's more environmentally friendly (and cost-efficient) to skip the niceties.

News and Trends

Uniqus Consultech Secures USD 20 Mn Series C to Scale AI-Driven Consulting Services

The company plans to channel the funds toward scaling its operations, launching adjacent service lines, and expanding into new global markets. A significant portion will also be invested in R&D for AI-powered solutions focused on financial reporting and risk management.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

News and Trends

JSW Energy Launches INR 16,000 Crore 1600 MW Power Plant in West Bengal

Jindal confirmed the plant would generate over 2,000 jobs, both directly and indirectly. He emphasized the role of local communities in this transformation