Cybersecurity

Cyber espionage is growing in frequency and impact

Many experts believe that cyber espionage is a growing threat, and on the opposite side of the equation it is a growing market. They are backed up by figures from the FBI that reported a sharp increase in cyber economic espionage cases — up 53 percent. In fact, they launched a nationwide awareness campaign a while back. 

The sale of sensitive information collected during cyber espionage campaigns appears to be in high demand. So are concerns that a hybrid model of cyber extortion and espionage is evolving: Sensitive or damaging information is stolen from an individual or an organization. Those behind the theft make contact and demand payment, or they will release the information.