Cryptojacking Attacks Soar 409% in India Amid a Global Shift in Cybersecurity Tactics

A rise in technology has also led to an increase in cybersecurity concerns as a result of the rise of technology. It is becoming more and more common for users across the world to fall victim to online scams day after day, and this is even getting the authorities in action, as they’re now attempting to combat this trend by taking steps to introduce safeguards for users. 

According to the first half of 2024 global statistics, malware volume increased by a whopping 30 percent on a global scale. As a result of this increase alone, the number of reports increased by 92 percent in May.

Throughout 2024, the number of malware attacks in the country increased by 11 percent and ransomware attacks rose by 22 percent, indicating that businesses are facing more cyber threats than ever before, according to a report by SonicWall. 

A SonicWall report published in February 2024 revealed that malware attacks increased by eleven percent in volume from 12,13,528 in 2023 to 13,44,566 in 2024 as compared to the previous year. IoT (Internet of Things) attacks have increased by 59 percent in the last year, with 16,80,787 attacks occurring annually in 2024 as opposed to 10,57,320 in 2023, the study found. 

There is no doubt that India is making substantial efforts to become one of the leading countries in the field of technology. While the use of technology has incre

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