In the case of cyber espionage, the corporation is not only at risk of financial and credibility loss but also from clients and shareholders who are very much a part of the corporation.Ĭorporations dealing with customers need to protect their data at any cost.
Losing data is a huge concern but losing a reputation can ruin the corporation. The information stolen by the competitors gives an edge over in the market to plan and grow ahead. These goals and strategic planning to achieve goals are highly guarded company secrets. Organizations set long and short-term goals for their growth in the market.
Cyber spying on governments will be to acquire military intelligence information. The attack can be so severe that it can bring down the company by damaging the reputation of the company. 3) ProtectionĬyber spying or cyber espionage can expose the company’s secrets which can be personal and private information. They use a variety of techniques to safeguard the information from cyberspies. To detect and to prevent these vulnerabilities to be attacked by cybercriminals is of high importance to skilled security professionals. Governments and Corporations are under constant threat of attacks. Cybercriminals are always on the hunt for vulnerabilities to design new espionage techniques to attach. This kind of cyber espionage is happening even today. The attacks were also made on embassies of Germany, India, Iran, Thailand, South Korea, and Pakistan. The Ghostnet had penetrated to more than 1000 computers in 103 countries. In the year 2009, Canada Cyber specialists updated about a huge spy network known as GhostNet. The cyber-attackers were targeting these companies with a vulnerability found in Internet explorer. Adobe and Yahoo were also in the 20 attacked. As soon as Google noticed this issue, the other 20 companies were duly informed. The accounts were those of human rights activists belonging to China. These attacks were code-named ‘Aurora’ by McAfee Labs. In the year 2009, there were steady attacks on Google to collect the information of the Gmail accounts. 2) Espionage Examplesįollowing are two cyber espionage examples found in recent years. The result of confidential data theft by cyber spying can result in loss of advantage over the competitor, material loss, or loss of life. These cyber-attacks are motivated by the need to be on top of knowledge of what is happening in the other government’s yard or it can be a terrorist act. This unauthorized access of the user by running a process unnoticed in the background of a personal laptop/workstation or mainframe is known as cyber espionage.Ĭyber espionage aims to get hold of the confidential information of governments and corporate houses. The process runs unnoticed in a subtle manner wherein the cybercriminal gets hold of the classified information. So, what is espionage? Let’s take a look at what is the definition of espionage concerning computers here.Ĭyber espionage is stealing data from corporate houses and governments. Computers taking the center stage of our work environment from education to artillery, all kinds of information are stored in them. Having current information in hand is found to be advantageous and gives an upper hand in the world of business and also amongst different countries in the world.
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