Tag: telecoms
US takes on Chinese hackers
A man alleged to be behind the recent Salt Typhoon US telecoms network and US Treasury department breaches has been sanctioned by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC). Yin Kecheng “has been a cyber actor for over a decade and is affiliated with the People’s Republic of China Ministry of State Security (MSS)”, says the Treasury Office. Yin is alleged to have had direct and associated involvement in both breaches. Two key individuals in President Donald Trump’s new administration, Elon Musk, and the president’s nominee to head the Department of Homeland Security, Kristi Noem, have specifically cited the two devastating breaches as the prime examples of why the nation’s cybersecurity strategy is in pressingly urgent need of being overhauled.
Fresh Focus on Cyber-Attacks for CISA
One of the greatest challenges now facing President Trump’s new administration is to protect the US’s critical infrastructure and its economy from the rapidly growing menace of cyber-attacks. On Friday, the president’s nominee to head the Department of Homeland Security, Kristi Noem, signalled a new direction for America’s main cybersecurity agency, the Cybersecurity and Infrastructure Security Agency (CISA), which, she says, urgently needs to be realigned away from focusing on misinformation and curtailing free speech and more towards preventing cyber-attacks on critical infrastructure in the US.
Ransomware Attacks Decline by 11% in 2023 – February 21st
IBM X-Force released a report, disclosing that ransomware attacks declined by 11.5% in 2023, compared to 2022. IBM says the decline in ransomware attacks is largely due to the new cybercrime focus of infostealing tactics which rose by 32%. IBM X-Force's report gathered data for the report based on 150 billion daily security events from 130 countries last year.
Chinese cyber-espionage campaign exposed
The China-backed hacking group referred to as RedHotel has been linked to attacks in 17 countries during a three-year espionage campaign. According to cybersecurity firm Recorded Future, RedHotel has been infiltrating sectors such as academia, aerospace, government, media, telecoms, and research while operating across the US, Europe, and Asia.