'Political' Cyberattacks Hit Half of Large Companies

Tuesday Oct 5th 2010 by Datamation.com Staff

A new study shows that enterprises spend an average of $850,000 to respond to such attacks.

NetworkWorld: A new study by security vendor Symantec finds that 53 percent of the IT managers at 1,580 enterprises "suspected or were pretty sure" that they had experienced "an attack waged with a political goal in mind." Responding to those attacks cost the companies an average of $850,000 over five years.

The types of cyberattacks reported included attempts to steal information, to manipulate physical equipment and to shut down the networks. Enterprises reported an average of ten politically motivated attacks during the five-year period of the study, with three of five reported as successful.

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