Putin Promises to Bolster Russia’s IT Security in Face of Cyber Attacks

Russian President Vladimir Putin chairs a meeting with members of the Security Council via teleconference call at the Novo-Ogaryovo state residence outside Moscow, Russia, Friday, May 20, 2022. (AP)
Russian President Vladimir Putin chairs a meeting with members of the Security Council via teleconference call at the Novo-Ogaryovo state residence outside Moscow, Russia, Friday, May 20, 2022. (AP)
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Putin Promises to Bolster Russia’s IT Security in Face of Cyber Attacks

Russian President Vladimir Putin chairs a meeting with members of the Security Council via teleconference call at the Novo-Ogaryovo state residence outside Moscow, Russia, Friday, May 20, 2022. (AP)
Russian President Vladimir Putin chairs a meeting with members of the Security Council via teleconference call at the Novo-Ogaryovo state residence outside Moscow, Russia, Friday, May 20, 2022. (AP)

President Vladimir Putin said on Friday that the number of cyber attacks on Russia by foreign "state structures" had increased several times over and that Russia must bolster its cyber defenses by reducing the use of foreign software and hardware.

The websites of many state-owned companies and news websites have suffered sporadic hacking attempts since Russia sent its armed forces into Ukraine on Feb. 24, often to show information that is at odds with Moscow's official line on the conflict.

"Targeted attempts are being made to disable the internet resources of Russia's critical information infrastructure," Putin said, adding that media and financial institutions had been targeted.

"Serious attacks have been launched against the official sites of government agencies. Attempts to illegally penetrate the corporate networks of leading Russian companies are much more frequent as well," he said.

In a meeting with the Security Council, Putin said that Russia would need to improve information security in key sectors and switch to using domestic technology and equipment.

"Restrictions on foreign IT, software and products have become one of the tools of sanctions pressure on Russia," Putin said. "A number of Western suppliers have unilaterally stopped technical support of their equipment in Russia."

He said cases of programs getting blocked after being updated were becoming more frequent.

Data leaks
State communications regulator Roskomnadzor on Wednesday said it had blocked a website that was hosting the personal data of a number of companies' clients. It did not name the companies. Russia's second-biggest bank VTB was quoted by media as saying some customers' phone numbers had been leaked but there was no risk to their funds.

E-commerce player Wildberries and online marketplace Avito denied reports in Russian media that their data had been leaked.

A data leak in early March exposed the personal details of more than 58,000 people on tech giant Yandex's food delivery app, Yandex.Eda.

Yandex.Eda competitor Delivery Club on Friday apologized to users after it suffered a data leak on orders placed by users.

"The data includes information about orders and does not affect bank details. We are doing our best to prevent the dissemination of the data," TASS news agency quoted the company as saying.

Hacking attacks this month kept video-hosting site RuTube offline for three days and altered satellite television menus in Moscow on Victory Day, when Russia celebrated the 77th anniversary of the Soviet Union's victory over Nazi Germany.

Moscow has long sought to improve its domestic internet infrastructure, even disconnecting itself from the global internet during tests last summer.

However, the unprecedented Western barrage of sanctions imposed in response to Moscow's military campaign in Ukraine has increased the pressure to make Russia's IT systems more resilient.



India to Offer $4-$5 Bln in Incentives for Electronics Production, Weaning Off China

A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
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India to Offer $4-$5 Bln in Incentives for Electronics Production, Weaning Off China

A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole

India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
India's electronic production has more than doubled in the last six years to $115 billion in 2024, led by growth in mobile manufacturing by global firms such as Apple and Samsung. It is now the world's fourth-largest smart phone supplier.
But the sector faces criticism for its heavy reliance on imported components from countries such as China.
"The new scheme will incentivize production of key components like printed circuit boards that will improve domestic value addition and deepen local supply chains for a range of electronics," one of the two officials said.
The incentives are likely to be offered under a new scheme expected to be launched in two to three months, said the officials, who asked not to be identified as details of the scheme are not yet public.
The scheme is likely to offer incentives totaling between $4-$5 billion to global or local firms which qualify, Reuters reported.
The plan, designed by the India's electronics ministry, has identified components eligible for incentives and is in its final stages.
The finance ministry will approve the scheme's final allocation soon, the first official added, with the sources expecting it to be launched in the next 2-3 months.
India's electronics ministry and finance ministry did not immediately respond to requests for comment.
India is aiming to expand its electronics manufacturing to $500 billion by the fiscal year 2030, including production of components worth $150 billion, according to the government's top policy think tank Niti Aayog.
India imported electronics, telecoms gear, and electrical products worth $89.8 billion in the fiscal year 2024, with more than half sourced from China and Hong Kong, according to an analysis by private think tank GTRI.
"This scheme is coming at a time when it is critical to promote component manufacturing that will help us aim for a global-scale of electronics production," Pankaj Mohindroo, head of India's Cellular and Electronics Association, said.