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Cyber-Attackers Target IP Assets

By Samuel Greengard
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    Cyber-Attackers Target IP Assets

    Cyber-Attackers Target IP Assets

    Over the past 12 months, a number of companies have suffered an intellectual property cyber-theft of trade secrets, drawings and plans, or proprietary know-how.

The state of cyber-security has gone from bad to worse over the past couple of years. Not only are threats increasing in both frequency and intensity, they're also becoming more dangerous and costly. A recent study conducted by Deloitte, "Cyberattackers And Your Intellectual Property: Valuing and Guarding Prized Business Assets," delivers some insights into the current state of cyber-affairs. The consulting firm surveyed nearly 3,000 global business and IT professionals across a variety of industries and found that, over the past 12 months, a significant number of organizations have suffered an intellectual property (IP) cyber-theft incident, including electronic theft of trade secrets, drawings and plans, or proprietary know-how. In addition, the threats originated from a variety of sources and locations, and many respondents believe the attacks will continue to escalate in the months ahead. Unfortunately, many of the professionals admitted that they aren't fully prepared to protect their enterprise against these attacks. Here's a look at some of the key findings of the study.

This article was originally published on 2016-12-29
Samuel Greengard writes about business and technology for Baseline, CIO Insight and other publications. His most recent book is The Internet of Things (MIT Press, 2015).
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