Lack of international cooperation helping cybercriminals, says official

India's existing cybersecurity policy of 2013 has been proposed to be revised as per the recommendations of a task force submitted to the government last year

Cybercriminals are taking advantage of the lack of cooperation between countries and international laws to help investigative agencies in solving cases of cross-border cyberattacks, a senior government official said on Monday.

Lt Gen (Retd.) Dr Rajesh Pant, the National Cyber Security Coordinator of India said cyber criminals were operating like a proper business enterprise and some of them have even appointed negotiators to ask for ransom. “As far as the World Economic Forum is concerned, it is consistently being said that cybercrime is the biggest man-made risk to the economic progress of nations. Last year, the total loss was estimated