Bangladesh is ranked top among the countries most vulnerable to malware assaults
Online transactions in e-commerce, online banking activities, and the use of mobile financial services (MFS) have increased across the country as a result of repeated lockdowns caused by Covid-19.
During the epidemic, for example, MFS has shown to be one of the most reliable methods of disbursing funds under the government’s numerous incentives and social security programmes. Various private enterprises, particularly the garment industry, have used such systems to pay salaries and bonuses.
However, the increasing adoption of new technologies raises concerns about cybersecurity. How secure is Bangladesh’s financial system?
Bangladesh ranked third in the list of countries at risk of malware assaults on smartphones in the first quarter of this year, according to a survey by Kaspersky Lab. In Bangladesh, approximately 26 out of every 100 smartphone users are at risk of malware attacks this year, up from 13 out of 100 users just five years ago.
According to the data, ransomware attacks on computers in Bangladesh have climbed from 4-5 percent to 8.11 percent.
Bangladesh, on the other hand, has been able to maintain continual cybersecurity gains, rising 25 places in the newest edition of the International Telecommunication Union’s Global Cybersecurity Index from 78th to 53rd place (ITU).