Jack Ma, China’s richest man and founder of Alibaba, said that his company is experiencing 300 million cyber attacks every day. But the hackers could not yet cause any financial loss to Alipay, the group’s payment company. He said that Alipay has 1 billion users. Through which transactions worth about $ 50 billion are done every day. Jack Ma gave this information at the Forbes Global CEO Conference in Singapore on Tuesday.

In February, an attempt by a cyber attack on Alibaba put the accounts of 2 crore users of the company’s e-commerce site Taobao in danger. According to Alibaba, he detected the danger at the right time. The group’s founder, Jack Ma, attributed the company’s success to the advanced technical capabilities of Alibaba Intelligence. He said that machines are better than humans in thwarting harmful activities on the Internet.

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