Chinese spying and theft of sensitive corporate information accounted for about 20% of the 621 data breach cases last year. Nearly all (96%) of the data-breach incidents categorized as espionage involved China. 95% of attacks tied to state-affiliated espionage employed phishing as a means of establishing a foothold in their victims’ systems. The majority of the incidents involve financial-related cybercrime, including payment-card theft and fraud committed by tampering with ATM machines. The more advanced attacks that involve sophisticated malware or zero-day attacks occur but aren’t as commonplace.”]