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Alibaba group faces 300 million hack attacks per day: Jack Ma

According to Jack Ma, the founder of Alibaba Group, the company witnessed more than 300 million attempted cyberattacks per day and despite that Alipay processed around $50 billion worth of transaction per day. Ma also added that they are yet to lose even 'one cent' to the hackers. Another Chinese giant Huawei is subject to nearly 1 million cyberattacks per day, according to its security chief.