FBI: High-tech Espionage Costs 13 Billlion



Michael Cooney over at NetworkWorld came up with a number: 13. "Driven by the general ease of stealing electronically stored data and the reality of growing global businesses, US companies have lost some $13 billion through economic espionage in the current fiscal year - and the problem is growing.



Those observations were made this week by the FBI to a House Committee on Homeland Security, Subcommittee on Counterterrorism and Intelligence hearing that went on to add that as the FBI's economic espionage caseload is growing, so is the percentage of cases attributed to an insider threat, meaning that, individuals currently (or formerly) trusted as employees and contractors are a growing part of the problem. Here is the link.



Subscribe to Our Blog


Comprehensive Anti-Phishing Guide




Get the latest about social engineering

Subscribe to CyberheistNews