Chinese hackers starting to return focus to U.S. corporations
Security researchers recently found a hacking group with suspected ties to the Chinese government engaged in what appears to be corporate espionage against multiple U.S. companies. The findings underscore an emerging, albeit opaque trend in which hackers linked to Beijing are conducting economic, cyber-enabled espionage, despite the Chinese Communist Party agreeing to stop such activity against the U.S. as part of a 2015 agreement between Chinese President Xi Jinping and U.S President Barack Obama. Experts say the 2015 truce resulted in a noticeable downturn in economic espionage. But there are signs the agreement may be deteriorating under the Trump administration. According to recent research by multinational services giant PwC, a hacking group known as “KeyBoy” has returned to the fold with a data theft campaign aimed primarily at Western organizations. The operation, PwC Threat Intelligence Analyst Bart Parys told CyberScoop, shows the continued technical development of a previously reported group that has apparently […]
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