26 April 2013

Large scale financial cybercrime, state affiliated espionage lead data breaches across world

CHENNAI: Financial cybercrime and state affiliated espionage have emerged as the leading causes of data breaches all around the world. Taking the top spot for all breaches in the Verizon 2013 Data Breach Investigations Report report is financially motivated cybercrime (75%), with state-affiliated espionage campaigns claiming the No 2 spot (20%) in the No. 2 spot include cyber threats aimed at stealing intellectual property - such as classified information, trade secrets and technical resources - to further national and economic interests.

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