8/12/2023 0 Comments Cyber espionage attacksWhen competitors gain access to this kind of information, they have the ability to place themselves ahead of the curve, offering solutions to your clients before you are able to finish developing them, or taking something that is unique to your business and replicating it to entice your clients away from you.Ĭompetitive intelligence can range from information about the core markets that you are targeting, the demographics of your existing client base, or even the information that you have gathered about your own competition. It’s the core of your product offerings, the way that you predict trends, and your five- or ten-year plan for growth and development. Employee data can be particularly dangerous, since it gives competitors the information that they need to poach your team members by offering them improved benefits and salaries.Įvery financial business has its own IP, or intellectual property. With this in mind, there are very specific types of data that espionage attackers target:Ĭompany information can be anything related to how your business operates, from the tools that you use, to your data structure, the technology and infrastructure that you have in place, and even details about the humans who work for your business. Unlike other types of cyber attacks, it intends to cripple a business rather than causing general disruption, holding data ransom, or trying to gain funds through deposit fraud.
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