Cybersecurity in the Power Sector; The Central Electricity Authority released draft regulations for public comments

Introduction

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As the calendar pages turn inexorably towards 2024, a question looms large on the horizon of our collective consciousness: Are we cyber-resilient? This is not a rhetorical flourish but a pragmatic inquiry, as the digital landscape we navigate is fraught with cyberattacks and disruptions that threaten to capsize our virtual vessels.

What, then, is Cyber Resilience? It is the capacity to prepare for, respond to, and recover from these cyber squalls. Picture, if you will, a venerable oak amid a howling gale. The roots, those unseen sinews, delve deep into the earth, anchoring the tree – this is preparation. The robust trunk and flexible branches, swaying yet unbroken, embody response. And the new growth that follows the storm's rage is recovery. Cyber resilience is the digital echo of this natural strength and flexibility.

The Need for Resilience

Why, you might ask, is Cyber Resilience of such paramount importance as we approach 2024? The answer lies in the stark reality of our times:

• A staggering half of businesses have been breached by cyberattacks in the past three years.
• The financial haemorrhage from these incursions is projected to exceed a mind-numbing $10 trillion by the end of 2024.
• The relentless march of technology has not only brought innovation but also escalated the arms race against cyber threats.
• Cyber resilience transcends mere cybersecurity; it is a holistic approach that weaves recovery and continuity into the fabric of digital defenses.
• The adaptability of organisations, often through measures such as remote working protocols, is a testament to the evolving strategies of cyber resilience.

• The advent of AI and Machine Learning heralds a new era of automated cyber defense, necessitating an integrated framework that marries security with continuity protocols.
• Societal awareness, particularly of social engineering tactics, and maintaining public relations during crises are now recognised as critical elements of resilience strategies.
• Cyber threats have evolved in sophistication, paralleling the intense competition to develop new AI-driven solutions.
• As we gaze towards the future, cyber resilience is expected to be a prominent trend in both business and consumer technology sectors throughout 2024.

The Virtues 

The benefits of cyber resilience for organisations are manifold, offering a bulwark against the digital onslaught:

• A reduction in the risk of data breaches, safeguarding sensitive information and customer data.
• Business continuity, ensuring operations persist with minimal disruption.
• Protection of reputation, as companies that demonstrate effective cyber resilience engender trust.
• Compliance with data protection and privacy regulations, thus avoiding fines and legal entanglements.
• Financial stability, as the costs associated with breaches can be mitigated or even prevented.
• Enhanced customer trust, as clients feel more secure with companies that take cybersecurity seriously.
• A competitive advantage in a market rife with cyber threats.
• Innovation and agility, as cyber-resilient companies can pivot and adapt without fear of digital disruptions.
• Employee confidence, leading to improved morale and productivity.
• Long-term savings by sidestepping the expenses of frequent or major cyber incidents.

As the year wanes, it is a propitious moment to evaluate your organisation's cyber resilience. In this edition, we will guide you through the labyrinth of cyber investment buy-in, tailored discussions with stakeholders, and the quintessential security tools for your 2024 cybersecurity strategy.

How to be more Resilient 

Cyber resilience is more than a shield; it is the preparedness to withstand and recover from a cyber onslaught. Let us explore the key steps to fortify your digital defenses:

• Know your risks: Map the terrain where you are most vulnerable, identify the treasures that could be plundered, and fortify accordingly.
• Get the technology right: Invest in solutions that not only detect threats with alacrity but also facilitate rapid recovery, all the while staying one step ahead of the cyber brigands.
• Involve your people: Embed cybersecurity awareness into the fabric of every role. Train your crew in the art of recognising and repelling digital dangers.
• Test your strategies: Regularly simulate incidents to stress-test your policies and procedures, honing your ability to contain and neutralise threats.
• Plan for the worst: Develop a playbook so that everyone knows their part in the grand scheme of damage control and communication in the event of a breach.
• Continually review: The digital seas are ever-changing; adjust your sails accordingly. Cyber resilience is not a one-time endeavour but a perpetual commitment.

Conclusion 

As we stand on the precipice of 2024, let us not be daunted by the digital storms that rage on the horizon. Instead, let us embrace the imperative of cyber resilience, for it is our steadfast companion in navigating the treacherous waters of the cyber world. Civil Society Organizations such as ‘CyberPeace Foundation’ playing a crucial role in promoting cyber resilience by bridging the gap between the public and cybersecurity complexities, conducting awareness campaigns, and advocating for robust policies to safeguard collective digital interests. Their active role is imperative in fostering a culture of cyber hygiene and vigilance.

References 

• https://www.loginradius.com/blog/identity/cybersecurity-trends-2024/
• https://ciso.economictimes.indiatimes.com/news/ciso-strategies/cisos-guide-to-2024-top-10-cybersecurity-trends/106293196

Introduction

As per the National Crime Records Bureau (NCRB) ‘Cyber Crime In India Report 2022’, A total of 65,893 cases were registered under Cyber Crimes, showing an increase of 24.4% in registration in comparison to 52,974 cases registered in 2021. The crime rate increased from 3.9 in 2021 to 4.8 in 2022. During 2022, 64.8% of cyber-crime cases registered were for the motive of fraud (42,710 out of 65,893 cases), followed by Extortion with 5.5% (3,648 cases) and Sexual Exploitation with 5.2% (3,434 cases). The statistics released by NCRB show the increased rate of cyber crimes in the country, which poses a significant question of safety in the online world. The rise in cybercrime indicates a rise in emerging criminal groups with malicious intentions, creating new cybercrime hotspots in the country where these groups target and commit cyber crimes despite limited resources.

Cyber Crime Hotspots

Police have recently arrested several cyber criminals in a specific region, indicating that certain areas have become hotspots for cybercrime. Mewat region is one such hotspot indicating a growing trend of cybercrime operating from this area. The Mewat gang's modus operandi is quite different; Cybercriminals in Mewat scam mobile owners just using smartphones and SIM cards without kingpins and targeting mobile owners. The scammers also lure people through online marketplaces such as OLX, in which they pretend to sell possessions and then either physically lure victims to pick-up locations or scam them virtually. 

A study conducted by Future Crime Research Foundation and IIT Kanpur in 2023 has revealed that Jamatara city, once considered the cyber crime capital of India, is no longer the epicentre. The study found that 35 hotspots in India are actively involved in cybercrime activities. The top 10 cybercrime hotspots in India collectively account for 80% of cybercrime-related cases in India. These districts are strategically located near India's capital or closer to the National Capital Region (NCR). These districts are strategically placed with multiple borders, making them easy targets for criminals.  

Online financial fraud and social media-related crimes are the most common in India. Cybercriminals exploit data as a gold mine, using it to commit crimes. For instance, they can obtain banking and insurance data, use simple AI tools to cheat victims, and they can easily impersonate identities to lure innocent people. In cybercrime hotspots, sextortion is a modern way for cybercriminals to record and demand money. Loan app fraud, OLX fraud, and job fraud also originate from these specific regions.

Recommendations 

To counter the challenges posed by emerging cybercrime hubs, the following recommendations are to be considered: 

• Advanced threat Intelligence: The digital landscape is evolving, and the threat landscape is becoming more complex. AI's role in cybersecurity is becoming increasingly critical, both positively and negatively, as it helps in understanding and addressing advanced threats. AI is capable of proactive threat hunting, real-time anomaly detection, and swift incident response.
• Enhancing capabilities of Law Enforcement Agencies: Law enforcement agencies must be sensitised to advanced tools or techniques to investigate cyber crime cases effectively. The development and implementation of advanced forensic tools and technologies need to be utilised or implemented to keep up with the evolving tactics of cybercrime perpetrators. 
• Continuous Monitoring: Continuous cybersecurity monitoring is crucial for detecting anomalies and preventing cyber-attacks. It involves analysing systems and data to establish baseline security, identify deviations, and investigate potential threats. Cybersecurity experts use data observability tools, artificial intelligence, and machine learning to detect unexpected dataset changes.
• Cyber Security Awareness: Public awareness needs to be higher. Cybercrime prevention and cybersecurity is a shared responsibility of all of us by being aware of the threats and following the best practices. The frequent interaction between law enforcement and the public is necessary to raise awareness about safeguarding personal and financial information. Effective campaigns on cyber security are necessary to educate netizens.

Safety Tips for Netizens

Install up-to-date security software and firewalls on devices, use strong passwords for accounts, and regularly update software and applications. Be cautious when clicking on links or downloading files from unknown sources, and be cautious of your personal information.

Conclusion

The rise of Cyber Crime Hotspots in specific regions or districts has significantly exacerbated the issue of increasing cybercrime rates. In order to combat cybercrime more effectively, it is necessary for law enforcement agencies to strengthen their coordination between different states and to adapt advanced technology methods to counter cybercrime threats effectively. Moreover, educating netizens about cyber crime threats and providing best practices is an effective method to counter these threats, considered the first line of defense against cybercrime.

References

• https://ncrb.gov.in/uploads/nationalcrimerecordsbureau/custom/1701607577CrimeinIndia2022Book1.pdf
• https://economictimes.indiatimes.com/tech/technology/no-kingpins-just-a-smartphone-and-sim-card-how-cybercriminals-in-mewat-scam-mobile-owners/articleshow/98062889.cms?from=mdr
• https://www.futurecrime.org/fcrf-cyber-crime-survey-2023
• https://timesofindia.indiatimes.com/city/mumbai/jamtara-loses-crown-as-new-remote-districts-rewrite-indias-cybercrime-map/articleshow/104475868.cms?from=mdr
• https://government.economictimes.indiatimes.com/news/secure-india/80-of-cyber-crimes-from-10-new-districts-iit-report/103921338
• https://www.dw.com/en/how-mewat-became-indias-new-hub-for-cyber-criminals/video-68674527
• https://www.indiatoday.in/from-india-today-magazine/story/into-cybercrime-hotspot-india-mewat-rajasthan-haryana-uttar-pradesh-2381545-2023-05-19
• https://frontline.thehindu.com/the-nation/spotlight-how-nuh-district-in-haryana-became-a-breeding-ground-for-cybercriminals/article67098193.ece
• https://www.opindia.com/2024/04/nuh-mewat-cyber-crime-haryana-police-crackdown/#google_vignette

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On March 02, 2023, the Biden-Harris Administration unveiled the National Cybersecurity Plan to ensure that all Americans can enjoy the advantages of a secure digital environment. In this pivotal decade, the United States will reimagine cyberspace as a tool to achieve our goals in a way that is consistent with our values. These values include a commitment to economic security and prosperity, respect for human rights and fundamental freedoms, faith in our democracy and its institutions, and a commitment to creating a fair and diverse society. This goal cannot be achieved without a dramatic reorganisation of the United States’ cyberspace responsibilities, roles, and resources.

VISION- AIM

A more planned, organised, and well-resourced strategy to cyber protection is necessary for today’s rapidly developing world. State and non-state actors alike are launching creative new initiatives to challenge the United States. New avenues for innovation are opening up as next-generation technologies attain maturity and digital interdependencies are expanding. Thus, this Plan lays forth a plan to counter these dangers and protect the digital future. Putting it into effect can safeguard spending on things like infrastructure, clean energy, and the re-shoring of American industry.

The USA will create its digital environment by:

• Defensible if the cyber defence is comparatively easier, more effective, cheaper
• Resilient, where the impacts of cyberattacks and operator mistakes are lasting and little widespread.
• Values-aligned, where our most cherished values shape—and are in turn reinforced by— our digital world.

Already, the National Security Strategy, Executive Order 14028 (Improving the Nation’s Cybersecurity), National Security Memorandum 5 (Improving Cybersecurity for Critical Infrastructure Control Systems), M-22-09 (Moving the U.S. Government Toward Zero-Trust Cybersecurity Principles), and National Security Memorandum 10 (Improving Cybersecurity for Federal Information Systems) have all been issued to help secure cyberspace and our digital ecosystem (Promoting United States Leadership in Quantum Computing While Mitigating Risks to Vulnerable Cryptographic Systems). The Strategy builds upon previous efforts by acknowledging that the Internet serves not as an end in itself but as a means to a goal—the achievement of our highest ideals.

There are five key points that constitute the National Cybersecurity Strategy:

1. Defend Critical Infrastructure –

Defend critical infrastructure by, among other things: i) enacting cybersecurity regulations to secure essential infrastructure; (ii) boosting public-private sector collaboration; (iii) integrating federal cybersecurity centres; (iv) updating federal incident response plans and processes; and (v) modernising federal systems in accordance with zero trust principles.

2. Disrupt and Dismantle Threat Actors

Disrupt and dismantle threat actors, including by i) integrating military, diplomatic, information, financial, intelligence, and law enforcement competence, (ii) strengthening public-private sector collaborations, (iii) increasing the speed and scale of intelligence sharing and victim information, (iv) preventing the abuse of U.S.-based infrastructure, and (v) increasing disruption campaigns and other endeavours against ransomware operators;

3. Shape Market Forces to Drive Security and Resilience

The federal government can help shape market forces that drive security and resilience by doing the following: i) supporting legislative efforts to limit organisations’ ability to collect, use, transfer, and maintain personal information and providing strong protections for sensitive data (such as geolocation and health data), (ii) boosting IoT device security via federal research, development, sourcing, risk management efforts, and IoT security labelling programs, and (iii) instituting legislation establishing standards for the security of IoT devices. (iv) strengthening cybersecurity contract standards with government suppliers, (v) studying a federal cyber insurance framework, and (vi) using federal grants and other incentives to invest in efforts to secure critical infrastructure.

4. Invest in a Resilient Future

Invest in a resilient future by doing things like i) securing the Internet’s underlying infrastructure, (ii) funding federal cybersecurity R&D in areas like artificial intelligence, cloud computing, telecommunications, and data analytics used in critical infrastructure, (iii) migrating vulnerable public networks and systems to quantum-resistant cryptography-based environments, and (iv) investing hardware and software systems that strengthen the resiliency, safety, and security of these areas, (v) enhancing and expanding the nation’s cyber workforce; and (vi) investing in verifiable, strong digital identity solutions that promote security, interoperability, and accessibility.

5. Forge International Partnerships to Pursue Shared Goals

The United States should work with other countries to advance common interests, such as i) forming international coalitions to counter threats to the digital ecosystem; (ii) increasing the scope of U.S. assistance to allies and partners in strengthening cybersecurity; (iii) forming international coalitions to reinforce global norms of responsible state behaviour; and (v) securing global supply chains for information, communications, and operational technologies.

Conclusion:

The Strategy results from months of work by the Office of the National Cyber Director (“ONCD”), the primary cybersecurity policy and strategy advisor to President Biden and coordinates cybersecurity engagement with business and international partners. The National Security Council will oversee the Strategy’s implementation through ONCD and the Office of Management and Budget.

In conclusion, we can say that the National Cybersecurity Plan of the Biden administration lays out an ambitious goal for American cybersecurity that is to be accomplished by the end of the decade. The administration aims to shift tasks and responsibilities to those organisations in the best position to safeguard systems and software and to encourage incentives for long-term investment in cybersecurity to build a more cyber-secure future.

It is impossible to assess the cyber strategy in a vacuum. It’s critical to consider the previous efforts and acknowledge the ones that still need to be made. The implementation specifics for several aspects of the approach are left up to a yet-to-be-written plan.

Given these difficulties, it would be simple to voice some pessimism at this stage regarding the next effort that will be required. Yet, the Biden administration has established a vision for cybersecurity oriented towards the future, with novel projects that could fundamentally alter how the United States handles and maintains cybersecurity. The Biden administration raised the bar for cybersecurity by outlining this robust plan, which will be challenging for succeeding administrations to let go. Also, it has alerted Congress to areas where it will need to act.

References:

• https://www.whitehouse.gov/briefing-room/statements-releases/2023/03/02/fact-sheet-biden-harris-administration-announces-national-cybersecurity-strategy/
• https://www.huntonprivacyblog.com/2023/03/02/white-house-releases-national-cybersecurity-strategy/
• https://www.lawfareblog.com/biden-harris-administration-releases-new-national-cybersecurity-strategy