Gartner warns of more destructive online attacks by 2015

Critical infrastructure like stock exchange, mobile message routers may be targeted

PTI | December 2, 2010



World's leading IT research and advisory firm Gartner has forecast that by 2015 online sabotages will become multi-modal and very damaging and even a G20 nation's critical infrastructure will be disrupted and damaged by such cyber attacks.

"By 2015, a G20 nation's critical infrastructure will be disrupted and damaged by online sabotage. Online attacks can be multi-modal, in the sense of targeting multiple systems for maximum impact, like financial system (stock exchanges), physical plant (control systems of a chemical, nuclear or electric plant), or mobile communications (mobile message routers)," Managing Vice-President and Gartner fellow Darryl Plummer said in a report.

The report titled 'Gartner's Top Predictions for IT Organisations and Users, 2011 and Beyond: IT's Growing Transparency' was released here today.

"Such a multimodal attack can have lasting effects beyond a temporary disruption, in the same manner that the 9/11 had on the US," it adds.

The forecast also says, "by 2015, new revenue generated each year by IT will determine the annual compensation of most CIOs across the world."

Explaining the reason for this, it says executive and board-level expectations for realising revenue from those and other IT initiatives will become so common that by 2015 the amount of new revenue generated from IT initiatives will become the primary factor determining the incentive of new global 2000 CIOs' annual package.

"With costs still under pressure, growth opportunities limited and the tolerance to bear risk low, IT faces increased levels of scrutiny from stakeholders both internal and external," Plummer said. .

 

Comments

 

Other News

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Development paradox: Falling poverty miracle and an inequality problem

India’s reduction in poverty over the past decade is a development achievement of considerable significance. The World Bank’s April 2026 ‘India Development Update’ estimates that the share of Indians living below the international extreme-poverty line of $3.00 per person per day i

In Arunachal, a river we call mother

In Arunachal Pradesh, the Siang is not just a river. For many of us, especially the Adi people, it is part of our family. Our grandparents fished in it. Children learned to swim in it. Our farms drink from it. When someone says a huge dam will be built on it, we do not hear the word "project".

A new retelling of the Mahabharata delves into key moments

In a time when every decision carries consequences and questions of ambition, power, loyalty, identity and moral choice continue to shape our lives, Dr. Arun Krishnan’s new book, ‘Mahakshana’ (Penguin India) offers a strikingly relevant retelling of the Mahabharata.  

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter