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

Nabanita Dutta

News Editor

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.