Companies and banks in particular are coming under attack from increasingly sophisticated hackers , with about $ 4bn being lost to fraud every year . Recently, many Indian companies have been informed about attacks and vulnerabilities on similar companies across the world. Although some firms have taken some measures to protect themselves , the pace of progress on IT protection is far behind that of countries such as the US , and the culture of secrecy surrounding them is also hampering their prevention . To combat the rising tide of cyber attacks , some companies are putting honeypots in place , while other firms are turning to ethical hackers to ensure their security measures are adequately robust .
Companies and banks in particular are coming under attack from increasingly sophisticated hackers , with about $ 4bn being lost to fraud every year . Although some firms have taken some measures to protect themselves , the pace of progress on IT protection is far behind that of countries such as the US , and the culture of secrecy surrounding them is also hampering their prevention . To combat the rising tide of cyber attacks , some companies are putting honeypots in place , while other firms are turning to ethical hackers to ensure their security measures are adequately robust .