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Hackers hit Global Telecom companies in an espionage campaign, cyber research firm says

June 25, 2019

Researchers from a cybersecurity company said Tuesday that hackers have broken into the systems of more than a dozen Global telecom companies and taken large amounts of personal and corporate data while identifying links to previous Chinese cyber-espionage campaigns.

Investigators at U.S.-Israeli cybersecurity firm Cybereason said the attackers compromised companies in more than 30 countries and aimed to gather information on individuals in government, law-enforcement, and politics.

The hackers also used tools linked to other attacks attributed to Beijing by the United States and its Western allies, said Lior Div, Chief Executive of Cybereason.

“For this level of sophistication it’s not a criminal group. It is a government that has capabilities that can do this kind of attack,” he told Reuters.

A spokesman for China’s Foreign Ministry said he was not aware of the report, but added “we would never allow anyone to engage in such activities on Chinese soil or using Chinese infrastructure.”

Cybereason declined to name the companies affected or the countries they operate in, but people familiar with Chinese hacking operations said Beijing was increasingly targeting telcos in Western Europe.

Western countries have moved to call out Beijing for its actions in cyberspace, warning that Chinese hackers have compromised companies and government agencies around the World to steal valuable commercial secrets and personal data for espionage purposes.

 See full article here

Source: https://www.cnbc.com/2019/06/25/hackers-hit-global-telecom-companies-in-an-espionage-campaign-cyber-research-firm-says.html

Filed Under: TRAK Blog Tagged With: Chinese espionage, Global Telecom, Hackers & Cybersecurity, Privacy and Security, Telecom companies

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