Major defense contractor Lockheed Martin recently said it has seen cyberattacks targeting its PCs and networks quadruple over the past seven years, indicating a steep rise in the need for stronger cybersecurity efforts. So far in 2014, there have been at least 43 hacker groups and organizations targeting Lockheed, according to Chandra McMahon, Lockheed information systems vice president of commercial markets.
Not surprisingly, Lockheed also saw a rise in malware attacks, with Microsoft noting that malware infection tripled in 2013 - and threats are continuing to evolve at a rapid pace.
"While we haven't seen specific action on objectives in terms of damage, what we have seen over the last several years (is) malware created and deployed to damage critical infrastructure," McMahon also added.
- >> NEXT STORY: ZeniMax files suit against Oculus VR and company founder Palmer Luckey
- << PREVIOUS STORY: Gold investor Peter Schiff allows customers to pay with bitcoins