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Hackers Target Classified Business Information

Online security providers invest millions of dollars annually on just unearthing patterns of online security and privacy breaches. Knowledge and awareness is power in the online security industry and recent surveys by a leading online security services provider has revealed some interesting patterns. While online security threats and the risk of getting hacked online are increasing exponentially by the day, a startling revelation might cause a few jitters in the business circles. It has been noticed that hackers are targeting businesses, small and large, more than individuals. Their target is top secret business information.Online Security

Why this Newfound Interest on Classified Business Information

Gone are the days when hackers were just miscreants and simpletons looking to cause trouble. This is the time where hackers are not only academically highly qualified but are also very smart. Let us take an example. If you hack 100 people and steal their online information, it might be worth a few thousand dollars at the most. Even if the 100 people are important people, the information won’t be worth much. But imagine you spend the same amount of resources on hacking a firm that is going down very soon. The equation changes rapidly from a few thousands to the net worth of the company.

If it is a public company, the hackers use the inside information they have gleaned by hacking into their network to manipulate the stocks. The profit that they can make with this approach is directly proportional to the current market value of the company. The idea is potentially worth billions of dollars. Why should you expend the same amount of resources for making only a few thousands when you have the potential of making billions of dollars!

Trojan horse: The Most Preferred Type of Malware

Modern day hackers use a variety of techniques and advanced software for their hacking agendas. There are spyware, advanced undetectable malware, ransomware and other unknown types of malicious software. But the hackers who are targeting businesses for their classified information are using the old school technique: Trojan horse. A Trojan horse is software that can enter a computer or device without displaying any signs of suspicious behavior. When you least expect it, the Trojan horse unlocks itself and unleashes the malicious software that it is keeping wrapped up.

The statistics of the survey revealed some very interesting facts about modern day hackers. It has been noticed that 3 out of 4 computers hackers, an astounding 75%, employed Trojan horses for hacking. The reverting to old school techniques is something that has baffled online security experts, but they have at least managed to include protection required against Trojan horses in their online security protection package. One of the suspicions is that this might be an action of competitors. Everyone knows how important it is to watch your competition, and this might just be the show of desperation in pursuit of business success.

China: The Most Targeted Country

While businesses employing malicious software might be surprising, it is not surprising that Chinese companies are the most targeted. China is a business and political powerhouse. Its strength and advancement is increasing exponentially by the day. Businesses are also thriving in China and they are worth billions of dollars. That is the reason why hackers are trying to target companies based in China specifically for classified business information.

The only way businesses can protect themselves from this threat is by using advanced online security techniques. Impress on your employees the need for safe online behavior so as not to compromise the safety of the organization. Also make sure that any classified information has the highest and the safest level of security clearance, just in case.

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