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Bank Info Security 2 months, 1 week 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.

Bank Info Security 3 months, 2 weeks ago

Cryptohack Roundup: Charges in Uranium Finance Case

Also: Chinese Firms Indicted in Crypto-Linked Fentanyl Supply CaseThis week, charges filed in Uranium Finance hack, indictment of Chinese firms in fentanyl supply case, a class action lawsuit against Nvidia, Drift Protocol exploit, KuCoin operational barriers in the United States and a U.K. sanction filed against Xinbi.

China's Hack-For-Hire Scene Disgorges Another LeakThe Chinese nation-state threat actor tracked as Salt Typhoon is operated by a clutch of private firms whose clients include multiple Chinese government agencies, finds analysis of leaked data by Spy Cloud. Researchers found a spreadsheet listing buyers, sellers and financial transaction details.

The French cybersecurity agency on Tuesday revealed that a number of entities spanning governmental, telecommunications, media, finance, and transport sectors in the country were impacted by a malicious campaign undertaken by a Chinese hacking group by weaponizing several zero-day vulnerabilities in Ivanti Cloud Services Appliance (CSA) devices

Bank Info Security 1 year, 6 months ago

US Sanctions Beijing Company for Flax Typhoon Hacking

Integrity Technology Group Built Botnet for Chinese Hackers, US Treasury SaysThe Department of Treasury blacklisted Integrity Technology Group, declaring transactions with the company to be off-limits for U.S. financial institutions and persons. The effect will likely have more symbolic than actual disruptive effect.

Hackers Reportedly Target Treasury Department Offices Overseeing Economic SanctionsA Chinese hack of the U.S. Department of Treasury targeted offices tasked with overseeing economic sanctions and financial investigations, as experts warn Beijing is increasingly escalating attacks on American critical infrastructure while preparing for potential future conflict.

Also: Ransomware Hackers Demand BaguettesThis week, Chinese spying, Italian hacking scandal, an FBI warning and Okta fixed a bug. Google mandated MFA, zero days in PTZOptics and a Mexican airport didn't pay ransom. Cybercriminals demanded baguettes, breach lettersin Ohio and Germany will shield white hats. The Italian DPA rebuked a bank.