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Bank Info Security 2 months, 2 weeks ago

Europe Cuts Off Funding for Chinese Solar Inverters

Solar Energy Spurt Comes Freighted With Chinese Nation-State Hacking WorriesThe European Commission froze funding for solar energy projects that use crucial components from Chinese companies such as Huawei, due to cybersecurity fears. The decision affects projects being funded by the European Investment Bank and other partner banks.

Still dominant in Germany's networks, among others The European Commission (EC) wants a revised Cybersecurity Act to address any threats posed by IT and telecoms kit from third-country sources, potentially forcing member states to confront the thorny issue of suppliers such Huawei in their national networks.…

Bank Info Security 5 months, 4 weeks ago

Europe Readies Law to Eject Chinese Equipment From Telecoms

Revised Cybersecurity Act Would Also Boost ENISACountries across the EU could be forced to kick Chinese telecom manufacturers such as Huawei and ZTE out of their critical infrastructure supply chains, under a far-reaching proposal published by the European Commission on Tuesday.

PLUS: Japan shifts to pre-emptive cyber-defense; Thailand cuts cords connecting scam camps; China to launch 'moon hopper' in 2026; and more! Asia In Brief Huawei chair Liang Hua last week told a conference in China that the company expects to meet its revenue targets for 2024, meaning it earned around ¥860 billion ($118.25 billion) – 22 percent growth compared to its 2023 result.…

Telcos would effectively fund grants paid to protect national security The outgoing boss of the FCC, Jessica Rosenworcel, has called on her colleagues to "quickly" adopt rules allowing the US regulator to stage a radio spectrum auction, the proceeds of which would fund the removal from American networks of equipment made by Chinese vendors Huawei and ZTE.…

As TSMC defends itself against report it may have helped Huawei Tesla has denied it was involved in illegal-map making activities in China after Beijing asserted an unnamed foreign firm working on a smart car project had done so – and even stolen state secrets – through a collaboration with a local business.…

Huawei is OK, but Xiaomi, OPPO, and Samsung are in strife. And Honor isn't living its name Many Chinese keyboard apps, some from major handset manufacturers, can leak keystrokes to determined snoopers, leaving perhaps three quarters of a billion people at risk according to research from the University of Toronto’s Citizen Lab.…

It pays not to be Huawei, and the US military can be lucrative, too Comment A vendor establishing a business unit dedicated to government sales is not new or unusual. But Finnish telecommunications giant Nokia’s decision to do so in the USA this week tells a bigger story about Washington’s paranoia regarding the security of critical communications infrastructure security.…

Amid fears Beijing could harvest spatial data, letter suggests Huawei-style bans may be needed A US congressional committee has questioned whether Chinese-made Light Detection and Ranging (LiDAR) devices might have a negative impact on national security, and suggested they may therefore be worthy of the same bans that prevent stateside adoption of other tech.…

Calls on governments to combat 'playbook' that propelled Huawei to prominence China has a playbook to use IP theft to seize leadership in cloud computing, and other nations should band together to stop that happening, according to Nathaniel C. Fick, the US ambassador-at-large for cyberspace and digital policy.…

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