CYBER ATTACKS CAUSE ISRAELI COMPANIES HEAVY LOSSES

Nazareth, 18 Syaban 1434/27 Juni 2013 (MINA) – Israeli data showed that the information technology sector and computer systems in Israel were heavily damaged due to cyber attacks by international activists supporting the Palestinian cause.

Reports issued by Magellan Group companies specialized in information systems indicated they lost $ 200 m as a result of hackers’ attacks that damaged several Israeli websites and uncovered their secrets, according to Globes website specialized in the Israeli economic news.

Globes Website said the Israeli companies operating in the field of information systems have incurred during the first quarter of this year economic losses of nearly two hundred million shekels (about U.S. $ 55.4 million), as a result of a series of cyber attacks.

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According to the data, the total losses of the Israeli technology companies has doubled over this year, as the same period last year recorded a loss of one hundred million shekels (about 27.7 million U.S. dollars).

Globes quoted Shai Blitzblau, the General Manager of Mglan Information Defense & Intelligence Group, as saying that “the heavy losses primarily stem from the electronic intrusions which resulted in losing transactions and leaking trade secrets.”

“Mglan Information Defense & Intelligence Group ” is a technological group specialized in defense systems for information technology companies and it coordinates with the government and intelligence “Israel” in order to provide protection to Israeli websites.

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Hacking Israeli websites repeated in the last period when thousands of pro-Palestinians hackers from different countries had managed to break into several Israeli important websites including security, military, and social communication websites for four consecutive days. (T/P02/P04)

Mi’raj News Agency (MINA)