State-Sponsored Chinese Hacking Group Targeting Crypto Firms: Report

[BLXN]

 

A Chinese espionage operator is attacking crypto firms during state-sponsored campaigns, according to a FireEye Threat Intelligence report published August 2.

The intelligence company “assesses with high confidence” that APT41, a hacking collective, has moved on from financially motivated attacks of video game companies to working alongside the Chinese government. The report was first uncovered by CoinTelegraph.

Reportedly, the hacker group “targets industries in a manner generally aligned with China’s Five-Year economic development plans.”

In addition to targeted attacks of healthcare, telecoms, fintech, and film and media companies, evidence suggest APT41 has infiltrated and phished a number of firms operating in the crypto industry.

In June 2018, APT41 sent spear-phishing emails that prompted targets to join a cryptocurrency-denominated decentralized gaming platform to game studios.

Ninja as f 🤣

https://www.coindesk.com/state-sponsored-chinese-hacking-group-is-targeting-crypto-firms-report

[Enzo]

Wow that's quite interesting. The fact that theyre sponsored by the state is crazy. I can't believe they would pay for something like this to be done and I wonder what there motives are besides money...Security assessments? 

[BLXN]

10 hours ago, Enzo said:

Wow that's quite interesting. The fact that theyre sponsored by the state is crazy. I can't believe they would pay for something like this to be done and I wonder what there motives are besides money...Security assessments? 

China released an updated report on the new direction, and style of conducting warfare-- much of it has been proposed to be asymmetrical, and unorthodox-- they are taking the game to the next level-- just as surely as the FBI is confiscating assets from all over the world under the premise of national directives.