Hackers Costly To Business 
September 12, 2000 
National Journal's Technology Daily 
Copyright 2000 National Journal Group, Inc. 
  
Hackers who deface sites like FBI.gov or steal credit cards from
sites like WesternUnion.com attract great attention, but some
experts say such break-ins and "toilet-clogging techniques" are
merely a distraction from the real problem of cybercrime 
corporate-sponsored proprietary information theft committed by
professionals who rarely get caught, reports MSNBC. According to
the the American Society for Industrial Security, in 1999,
Fortune 1000 companies sustained losses of more than $45 billion
from thefts of their proprietary information. Just how much of
that theft is "Netspionage," or corporate-sponsored hacking, is
unclear. In another survey conducted by the Computer Security
Institute, over half of 600 companies surveyed said they felt
their competitors were a likely source of cyberattack; and the
group claimed over $60 million in losses to cyber-espionage. In
a related story, hackers stole credit and debit card information
from 15,700 online customers of Western Union, whose Web site
was unprotected while undergoing maintenance, reports AP. In
other hacker news, Benjamin Breuninger, 21, suspected of hacking
into the Lawrence Livermore laboratory last year, was arrested
Monday, reports AP. Prosecutors are working to bring him to
California to face charges. 

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