About Mobile Malware Attacks
India has emerged as the leading global target for mobile malware attacks, overtaking the United States and Canada, as revealed by the Zscaler Threat Labz 2024 Mobile, IoT, and OT Threat Report. Based on an analysis of over 20 billion threat-related mobile transactions from June 2023 to May 2024, the report highlights a concerning trend.
India now accounts for 28% of global mobile malware attacks, surpassing the United States (27.3%) and Canada (15.9%). This marks a sharp rise from its third-place position last year, emphasizing the urgent need for Indian businesses to strengthen their cybersecurity frameworks amid growing digitalization and increasing cyber threats.
Challenges of India’s Gig Economy
The gig economy refers to a labor market characterized by short-term, and flexible jobs often facilitated through digital platforms.
It involves individuals or companies offering services on a temporary or task-by-task basis, rather than through traditional full-time employment contracts.
In the gig economy, gig Workers (also known as independent contractors or freelancers) are paid for each task or gig they complete.
Popular gig economy activities include freelance work, food delivery services, and freelance digital work.
Key Features:
- The gig economy offers flexibility, allowing workers to choose their schedules and work locations.
- Digital platforms connect service providers with consumers for short-term, task-based jobs.
Perspectives on the Gig Economy:
For Gig Workers:
- Gig work offers diverse opportunities, and the ability to balance personal and professional lives, especially benefiting women in the labor market.
- It allows for skill enhancement, with workers able to take on various tasks that broaden their expertise and increase income potential.
For Businesses:
- Companies benefit from cost-effective labor, with the ability to scale the workforce as needed based on demand.
- Gig work enables businesses to select workers with specific skill sets for short-term projects, optimizing productivity without long-term commitments.
- The gig economy in India is rapidly expanding. In 2020-21, there were about 7.7 million gig workers, projected to grow to 23.5 million by 2029-30.
- By 2030, the Gig Economy is expected to contribute 1.25% to India’s GDP and generate around 90 million jobs in the long term.
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