Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to...Asia Economyread more
Consumer goods giant Unilever has taken the unusual step of having some of its marketing staff read their own DNA profiles to see whether finding out about their heritage has...Marketing.Media.Moneyread more
Stocks in Asia traded mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
Gangs and state-backed hackers from east Asian and Russian-speaking countries drove a spike in cyber-spying last year, according to a detailed study, with most online breaches aimed at the U.S.
So-called cyber-espionage incidents – which see online hackers attempt to access secret information - tripled last year to 511, with data accessed in 306 of these cases, Verizon's Data Brach Investigations Report revealed.
It comes as online hacking is in the spotlight after the discovery of a major security flaw – known as the "Heartbleed bug" - which left personal information on websites vulnerable to theft.
Some 49 percent of these cyber-espionage attacks were traced back to east Asia, with the majority coming from China and Korea, Verizon found. Eastern European hackers - particularly Russian-speakers – made up 21 percent of the incidents recorded, while a quarter were unattributed.
Over 85 percent of the hackers were state-backed, according to the report, while 11 percent of the attacks came from organized criminals.
Former employees of companies - as well as business competitors – were also found by Verizon to be carrying out electronic spying.
"We see, across the entire industry, an increase of cyber-espionage incidents being reported," Paul Pratley, global investigations manager of the RISK Team at Verizon, told CNBC in a phone interview.
"We feel… there is more information sharing happening, (and) that's helping to identify and shine a light on these incidents."
The U.S. was the biggest victim of cyber-espionage in 2013, the Verizon report showed, with 54 percent of attacks targeted at American institutions.
Verizon's report made clear that the rise in cyber-spying could, in part, be attributed to a larger number of data sets included in the report from sources such as McAfee and Kaspersky Labs. Despite this, however, Pratley said there had been an increase in actual incidents.
Public and professional organizations, which include government bodies as well as private companies, were the target of nearly half of all espionage attacks.
And despite numerous complex methods of cyber-espionage, two-thirds of the security breaches were caused by a simple email attachment that contained a malicious link that is used more than two third.
Verizon's data also revealed that incidents involving so-called "payment-card skimmers" - devices attached to ATMs that can read the magnetic stripe data on a card – rose slightly from from last year, although the overall number remained low at 130.
In the past, hackers using this method would have to return to the scene of the crime to collect the data, and so risk being caught. However more advanced technology means criminals are using remote methods such as Bluetooth to collect the information.
Given the array of cyberthreats to both governments and businesses, Pratley warned that organization are generally unprepared.
"What we see is that organizations still lack a lot in terms of being able to recognise when there has been a breach," Pratley said. "We need to see organizations recognising this themselves, because the longer the incident occurs, the more damage that is done."