US Charges 3 Chinese Nationals Over Hacking
Economy, Sci & Tech

US Charges 3 Chinese Nationals Over Hacking

Three Chinese nationals were charged with cybercrime offences today, accused of hacking three companies - Moody’s Analytics, Trimble and Siemens - to steal gigabytes of sensitive data and trade secrets.
The US Department of Justice said the men were part of an organization, Guangzhou Bo Yu Information Technology Company Limited (Boyusec), which has been linked by cybersecurity researchers to one of the more advanced and active Chinese government-sponsored espionage groups, Forbes reported.
The defendants were named by the DoJ Monday as Wu Yingzhuo, Dong Hao and Xia Lei. IT giant Siemens appeared to have been hit the hardest, as the hackers stole 407 gigabytes of data from its energy, technology and transportation businesses, according to the indictment.
The men were charged with hacking into Trimble in 2016 when it was in the process of designing more accurate satellite navigation tech. They were accused of pilfering at least 275 megabytes of data, including trade secrets related to that technology.
As for Moody’s, the DoJ said the financial analytics firm was hacked in 2011, when the accused were said to have compromised company email to forward on a prominent employee’s mail to their own accounts.
Both Wu and Dong were co-founders and shareholders of Boyusec, according to the DoJ, which noted Lei was an employee. All were residents of Guangzhou, the US said, and were accused of using spear phishing emails to get access to a variety of networks.
Boyusec has previously been linked to a hacker group known by various names, including APT3 and Gothic Panda, which in turn has been connected with the Chinese Ministry of State Security.

Short URL : https://goo.gl/5eU8z6
  1. https://goo.gl/qnN2x2
  • https://goo.gl/YFUcEk
  • https://goo.gl/A27jEu
  • https://goo.gl/EWtTaj
  • https://goo.gl/9X4CVc

You can also read ...

With the US Out, How Can Iran Benefit From JCPOA?
In Iran, the only surprise regarding US President Donald Trump...
US’ Iran Policy Headed for Train Wreck With Afghan Policy
US President Donald Trump’s decision to pull out of the Iran...
Apple Pays Ireland 1st Tranche of Disputed Taxes
Apple has paid €1.5 billion ($1.76 billion) into an escrow...
BMI Outlines Forex Measures
Director of Bank Melli of Iran’s Foreign Exchange Department...
Mineral Projects Worth $3.6b in the Pipeline
More than $3.6 billion worth of mineral projects are to be...
5-6% Flexibility in USD Rate Until March
Governor of the Central Bank of Iran said the exchange rates...
Flood, Hailstorm Inflict $4m in Losses on North Khorasan
Flood and hailstorm in recent days have inflicted 173 billion...
ICCIMA Delegation  to Visit S. Africa  on July15
Iran Chamber of Commerce, Industries, Mining and Agriculture...

Add new comment

Read our comment policy before posting your viewpoints