Category Archives: TrustWave

When a Chinese bank asked a new client to use a specific kind of tax software as a condition of doing business, the company didn’t know that the tax technology came with a backdoor that would give hackers a new way in, according to research from Trustwave. The Chinese bank had told the U.K.-based defense contractor that the Chinese government required firms to use that specific software tool to pay local taxes. However, findings published Tuesday by the security vendor Trustwave spotlight how the tax software’s developer has relied on a number of subcontractors to build software flaws into other software tools for years. The programs are required to be used through the Chinese government’s Chinese Golden Tax Project, a tax system launched in the 1990s meant to streamline tax administration, according to Trustwave. The security company did not identify the Chinese bank nor the U.K.-based defense contractor. The revelation that Beijing mandates […]

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