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Intellectual Capital: The New Cybercrime Currency

Orome1 (1901578) writes | more than 3 years ago

Businesses 0

Orome1 (1901578) writes "Cybercriminals understand there is greater value in selling a corporations’ proprietary information and trade secrets which have little to no protection making intellectual capital their new currency of choice, according to McAfee and SAIC. The cyber underground economy is making its money on the theft of corporate intellectual capital which includes trade secrets, marketing plans, research and development findings and even source code. Only three in ten organizations report all data breaches suffered, and six in ten organizations currently “pick and choose” the breaches they report. China, Russia, Pakistan are perceived to be the least safe for data storage, and the United Kingdom, Germany and the United States are perceived to be the most safe."
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