Hacker attacks are increasingly motivated by political andsocial reasons, targeting large organizations with familiar brandnames, and less by financial gain, according to a VerizonCommunications Inc. report.

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In 2011, 58 percent of computer data stolen was attributed to“hacktivism,” according to a report on electronic crime releasedtoday by New York-based Verizon. That contrasts with thedata-breach pattern of the past several years, during which themajority of attacks were carried out by criminals whose primarymotivation was financial gain, the report said.

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“Electronic crimes are not just about the money anymore,” BryanSartin, Washington, D.C.-based director of investigative responseat Verizon, said in an interview. “That is a major landscapeshift.”

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Activist hackers target the world's largest companies, whilefinancial electronic crimes more often target small to mid-sizebusinesses, Sartin said.

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In the Netherlands, Royal KPN NV recently had to temporarilyblock the e-mail accounts of about 2 million clients after a hackerbroke into a server domain and confidential information from 539users was put online. Royal Philips Electronics also said a hackergained access to some of its websites.

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Verizon's report, which uses data from law enforcement partiesincluding the U.S. Secret Service, the London Metropolitan Policeand a high-tech crime unit of the Netherlands, found 855 databreaches across 174 million stolen records in 2011. That's thesecond-biggest data loss Verizon has seen since it began collectingdata in 2004.

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Breaches originated from 36 countries around the globe, anincrease from 22 countries the year prior.

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The full Verizon report is here. For a look at the Association for FinancialProfessionals' recent payments fraud survey, see Payments Fraud Still Widespread.

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Bloomberg News

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