At present, the whole world is falling victim to cyberattacks. Attacks that occur through the Internet are called cyberattacks. Hackers take up training for cyberattacks. A look at recent years will show that cyberattacks are constantly taking place, and it's worth noting that hackers use new methods every time for cyberattacks. Seeing the ever-increasing cyber attacks, it is hard to stop it with immediate effect. Cyberattacks have become a headache for countries around the world today. The banking sector is suffering the most in cyberattacks.

For your information, one thing is clear that the more digital the world is, the more the threat of cyberattacks will increase, and to be aware, the world is moving towards digitalization. In India too, many apps like BHIM, Google Pay, PhonePay and Paytm are being used for financial transactions. That's the biggest threat to banks. According to a report, there were about 20 million cyberattacks worldwide in 2018, causing a loss of Rs 3,222 billion.

There are several ways in which cyberattacks are at the top of the ransomware approach. It's the IT giant Cisco said in its recent report that India had the largest number of cyberattacks in the banking and finance, governance and critical infrastructure sectors in 2018-19. Each of the companies involved in the attack had to bear a loss of up to Rs 35 crore.

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