The Impending Impact of the Drinik Virus on Micro Small and Medium Enterprises

  • Soumya Chakrabarti,
  • Aman Hasan and Humam Zafar
  • Show Author Details
  • Soumya Chakrabarti

    Student at Jamia Millia Islamia, India

  • Aman Hasan

    Student at Jamia Millia Islamia, India

  • Humam Zafar

    Student at Jamia Millia Islamia, India

  • img Download Full Paper

Abstract

As India grapples with the Drink's virus and its impact on big financial institutions, little attention is given to the vulnerability of Micro, Small, and Medium Enterprises (MSMEs) to cyberattacks and the potential havoc that Drinik malware can wreak on this vital sector. This article sheds light on the significance of MSMEs in the Indian economy, their susceptibility to cyber threats, the consequences of cyberattacks, and the association between MSMEs and the Drinik virus. The research underscores the need for MSMEs to invest in robust cybersecurity technologies and empower their employees to counter cyber threats effectively. In developing countries like India, where internet privacy and cyberspace are critical concerns, understanding the impending impact of the Drinik malware on MSMEs becomes crucial. With MSMEs constituting a substantial portion of India's GDP and employment, safeguarding their operations from cyberattacks assumes paramount importance. Limited resources and outdated technologies further exacerbate their vulnerability. This article reveals the potential ramifications of cyberattacks on MSMEs, both in terms of financial losses and reputational damage. To mitigate these risks, MSMEs must prioritise investments in cybersecurity measures and foster a culture of cyber resilience among their workforce.

Type

Article

Information

International Journal of Law Management and Humanities, Volume 6, Issue 6, Page 2211 - 2217

DOI: https://doij.org/10.10000/IJLMH.116358

Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

Copyright

Copyright © IJLMH 2021