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Corporate espionage turns digital spying



Corporate espionage is increasing in India.

Global security firm Symantec also agreed that such attacks are on the rise. “Cases of corporate espionage are certainly increasing in India.

 

“By persistent attack on the company, cyber criminals get access to intellectual property of the firms. Such data is potentially used by competition,” said Shantanu Ghosh, Vice-President, India Product Operations, Symantec.

He added that other than losing important data, the attacks have financial implications too.

According to a study by Symantec’s State of Enterprise Security Survey 2010, the average revenue lost by Indian enterprises due to cyber attacks was over Rs. 58 lakh.
Image: Corporate espionage is increasing in India.
Photographs: Reuters