Chinese Cyber Attacks on European Businesses Soar

Two years ago when security company NTT Security published its 2016 annual Global Threat Intelligence Report, China accounted for less than three percent of all attacks against EMEA-based businesses – ranking as the ninth most prominent attack source.

Within a year, it had surged to become the number one source of attacks across Europe, the Middle East and Africa, with a whopping 67 percent of cyberattacks on the manufacturing sector stemming from Chinese sources.

That’s according to NTT’s 2018 Global Threat Intelligence report, which summarises data from over 6.1 trillion logs and 150 million attacks for its analysis – which is based on log, event, attack, incident and vulnerability data from clients.

It also includes details from NTT Security research sources, including global honeypots and sandboxes located in over 100 different countries, the company notes.

Tech Targeted

Attacks against finance were characterized by extensive use of spyware and keyloggers, as well as application-based attacks, NTT emphasised.

Perhaps unsurprisingly, meanwhile, the buoyant and highly competitive tech sector saw the biggest increase in attacks; a 25 percent global average increase, with hostile activity against technology “highly characterized by reconnaissance and continual attacks from sources previously known to be hostile”.

More: https://www.cbronline.com/news/chinese-cyber-attacks

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