Cyber security threats up 10 times

The average number of information security incidents detected by Chinese companies has increased over 900 percent since 2014, according to a survey conducted by international accounting firm PricewaterhouseCoopers (PwC).

The survey showed that the internet of things (IoT) has become a leading target of cyber attacks, though just 57 percent of Chinese respondents are investing in a related security strategy.

The average number of detected information security incidents by survey respondents in the Chinese mainland and Hong Kong reached 2,577 over the last 12 months, marking a 969 percent increase from 2014, and more than doubling the average recorded in 2015.