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5 Costly Hacker Attacks Plaguing Enterprises

Security firm Solutionary, which analyzed data from more than 2,000 customers, found many common security weaknesses and threats force firms to open their wallets. Here are five of them.

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China Attacks Targeting Intellectual Property

Intellectual property theft, driven by attacks believed to have originated from China, continue to be a serious and growing threat. Over 90 percent of all attacks from China were directed at the business services, technology and financial verticals, according to Solutionary. Attacks on business services are typically used to leverage their infrastructure to distribute malware, the firm said. Product manufacturers are also a high-value target. Cybercriminals increasingly monetize IP theft by using the information to create pirated products, costing some firms millions in lost revenue.

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