According to a report in the Wall Street Journal, Nortel Networks was hit by cyber attacks for almost 10 years but failed to defend itself.

"Citing an internal investigation by former Nortel systems security adviser Brian Shields, the Journal ... found that hackers apparently based in China carried on a decade-long campaign of stealing technical papers, R&D reports, employee e-mails, and other sensitive documents from the network company," writes CNET News' Lance Whitney.

"By grabbing just seven passwords from top Nortel execs back in 2000, the hackers managed to gain access to the company's network and remotely control personal computers by flooding them with spyware," Whitney writes.

Go to "Nortel hacked for years but failed to protect itself, report says" to read the details.

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