Category Archives: Chinese Hackers

Experts warn Congress of the return of Chinese IP theft

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Hackers working for the Chinese government again appear to be conducting economic espionage against private U.S. companies and other American organizations, experts told lawmakers Tuesday during an open Senate Committee on Foreign Relations hearing. Cybersecurity experts have stated that Chinese cyber espionage operations — hacking activities aimed at stealing trade secrets, intellectual property or other confidential business information — has substantially declined in the wake of an agreement struck between former President Barack Obama and Chinese President Xi Jinping in September 2015. But at least “anecdotally,” there has been a re-emergence of related economic espionage by Chinese hackers aimed at U.S. entities, according to Samantha Ravich, a current senior adviser to D.C.-based think tank the Foundation for Defense of Democracies. Over the last year, the FDD has established a team to study what it defines as “economic warfare.” “It seems there was a dip at first but the anecdotes that are […]

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Linguistic Analysis Suggests WannaCry Hackers Could be From Southern China

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It’s been almost four weeks since the outcry of WannaCry ransomware, but the hackers behind the self-spread ransomware threat have not been identified yet.

However, two weeks ago researchers at Google, Kaspersky Lab, Intezer and Symantec linked WannaCry to ‘Lazarus Group,’ a state-sponsored hacking group believed to work for the North Korean government.

Now, new research from dark web

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Three Chinese Hackers Fined $9 Million for Stealing Trade Secrets

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Hackers won’t be spared.

Three Chinese hackers have been ordered to pay $8.8 million (£6.8 million) after hacking email servers of two major New York-based law firms to steal corporate merger plans in December 2016 and used them to trade stocks.

The U.S. District Judge Valerie Caproni in Manhattan sued 26-year-old Iat Hong, 30-year-old Bo Zheng, and 50-year-old Hung Chin, over a multi-million

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Monero mining botnet earns suspected Chinese hacker $25,000 per month

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Mining cryptocurrencies can be a costly investment, but creative cybercriminals have found a money-making solution. Researchers say a newly discovered botnet consisting of 15,000 machines is stealing computing power to mine increasingly valuable cryptocurrencies like Monero to enrich a hacker named “Bond007.01.” The entire “BondNet botnet” operation is netting around $25,000 per month, according to researchers at the Israeli security firm GuardiCore Labs. The victims include high-profile global companies, universities, city councils and other public institutions. They’re not losing money, just resources: Hackers have long known that when you don’t have to pay for the electricity powering the processors, cryptocurrency mining is pure profit. As bitcoin and its variants continue to rise to unprecedented value, the reward for such a scheme will increasingly outweigh the risk. The price of Monero, a privacy-focused cryptocurrency that hides transactions, has risen 2,109 percent in the last year. The last month alone has seen a 44 percent rise in […]

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U.S. warns of ’emerging’ global cyber-espionage campaign by Chinese hackers

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An “emerging” international cyber-espionage campaign by a group with suspected ties to the Chinese government is affecting a growing number of companies globally, according to a warning from the U.S. government. Cybersecurity researchers and intelligence analysts have been tracking the hacker group known as APT10 or MenuPass Group since at least 2009. In the past, the group has targeted construction, engineering, aerospace and telecom companies as well as government agencies in the U.S., Europe and Japan. APT10’s past activity suggests it acts in “support of Chinese national security goals, including acquiring valuable military and intelligence information as well as the theft of confidential business data to support Chinese corporations,” according to cybersecurity firm FireEye, which has extensively monitored and studied the group. The U.S. National Cybersecurity and Communications Integration Center continues to review APT10’s recent activity and said it is working with victims “across different sectors,” according to a U.S. Computer […]

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U.S. Trade Group Hacked by Chinese Hackers ahead of Trump-Xi Trade Summit

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Researchers have uncovered a Chinese cyber-espionage against the United States ahead of the trade summit on Thursday between US President Donald Trump and China’s President Xi Jinping.

According to a new report published today by Fidelis Cybersecurity… Continue reading U.S. Trade Group Hacked by Chinese Hackers ahead of Trump-Xi Trade Summit→

Hackers Using Fake Cellphone Towers to Spread Android Banking Trojan

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Chinese Hackers have taken Smishing attack to the next level, using rogue cell phone towers to distribute Android banking malware via spoofed SMS messages.

SMiShing — phishing attacks sent via SMS — is a type of attack wherein fraudsters use number spoofing attack to send convincing bogus messages to trick mobile users into downloading a malware app onto their smartphones or lures victims

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Google Pixel Phone and Microsoft Edge Hacked at PwnFest 2016

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The brand new Android smartphone launched by Google just a few months back has been hacked by Chinese hackers just in less than a minute.

Yes, the Google’s latest Pixel smartphone has been hacked by a team white-hat hackers from Qihoo 360, besides at … Continue reading Google Pixel Phone and Microsoft Edge Hacked at PwnFest 2016→

FBI ‘Double Agent’ Pleads Guilty to Selling ‘Classified Information’ to China

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An FBI electronics technician has pleaded guilty to acting as a Chinese secret agent and passing along sensitive information about the Feds to a Chinese government official.

Kun Shan “Joey” Chun, 46, admitted in federal court in Manhattan on Monday th… Continue reading FBI ‘Double Agent’ Pleads Guilty to Selling ‘Classified Information’ to China→