65% Targeted Attacks Driven By Financial Fraud

Check Point Software Technologies Ltd., the Internet security solutions provider, has announced the results of a new survey revealing 65 percent of organisations who experienced targeted attacks report the hacker’s motivation was driven by financial fraud, and resulted in business disruption and the loss of sensitive information, including intellectual property and trade secrets. The report, The Impact of Cybercrime on Businesses, also showed companies reporting an average of 66 new security attack attempts per week, with successful incidents costing businesses anywhere from $100,000 to $300,000. Among the list of top threats, Denial of Service (DoS) attacks were said to pose the greatest risk to organisations. Click here for full story