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BizReport : Law & Regulation : September 08, 2016

Cyber security among firms in Asia well below global average

A year-long study from U.S. security firm Mandiant reveals that companies in Asia are more likely to be targeted by hackers due to their inadequate defence against cyber attacks.

by Helen Leggatt

The global average time for a cyber attack to be discovered after a breach is 146 days, according to Mandiant, a FireEye company's, research. However, in Asia, that time is significantly higher at 520 days, a difference of more than a year.

Furthermore, due to a lack of breach disclosure legislation in Asia, the majority of cyber attacks were not announced publicly.

Around 3.7Gb of data was stolen, on average, found Mandiant's first report that focuses purely on the Asia region.

"In 2015, we continued to see heightened levels of cyber threat activity across APAC," says the report. "We surmise that this is likely fueled by regional geopolitical tensions, relatively immature network defenses and response capabilities, and a rich source of financial data, intellectual property, and military and state secrets."

Mandiant suggests that the bulk of cyber-attacks in Asia are state-sponsored and target areas with heightened geopolitical tensions, such as the South China Sea.

Tags: APAC, Asia-Pacific, cyber security, research

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