Jack Ma, the founder and former executive chairman of Alibaba Group, the Chinese giant, asserted that the company smashes hacking efforts of the people each day and it sums up to 300 million. He claims, to feel ‘proud’ about consistently increasing the number of users; which is around 1 billion. The payments arm of the company, Alipay processes transactions worth $50 billion each day. “However, the company has yet to lose ‘once cent’ to the hackers.”, he added at the Forbes Global CEO Conference in Singapore on Tuesday.
Ma asserts, “despite philippic deceits, we deal with 300 mn hacking attempts each day but we deal with it efficiently.”