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Business EconomyPosted at: Mar 21 2024 6:15PM


Piracy websites pose major threat to Indian consumers: cyber security experts

Mumbai, Mar 21 (UNI) A comprehensive study on cyber security, conducted by ISB (Indian School of Business), has revealed that piracy websites are a major threat to Indian consumers with a 59 per cent risk of malware infection.
The Ground Perception and Experience Study, conducted by cyber security experts at ISB, has shown that accessing piracy websites poses a 59 per cent higher risk of malware infection, compared to 57 per cent for adult industries and 53 per cent for gambling-related advertising.
The report on this study was released by Brijesh Singh, principal secretary, Chief Minister's Office,
in a programme organised at United States Consulate, Mumbai on Thursday.
John Cabeka, US Intellectual Property Adviser for South Asia; Neil Gane, head of Regional Operations and ISB's 'Institute of Data Science'; Prof Manish Gangwar and other dignitaries were present on occasion.
An analysis of 150 websites using 'Virus Total' revealed cyber risks such as malware, suspicious activity, phishing attempts and spam, the study found.
Users of “scam piracy websites” are at a higher risk of exposure to cyber threats compared to standard piracy websites.
Of particular concern is the fact that users aged 18-24 years, who are most engaged on these platforms, were found to have a low awareness of cyber threats.
Online piracy in India has been profitable to generate additional revenue for malware distribution piracy site operators.
Indian consumers underestimate their true cyber risk when using piracy sites, emphasising urgent need to address cyber security threats associated with piracy websites, it stated.
"Piracy websites have become a major medium for spreading malware. Consumers are not just watching pirated movies or TV shows, they are compromising their 'device' and your 'device' is the 'other you'. It contains your identity, your banking details, details of your friends and family. Things which were ambiguous for many years, are now revealed in this report. The ISB report is the beginning of this change," said Brijesh Singh, while releasing the report.
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