Reuters: Chinese hackers used the cloud to steal trade secrets from enterprise customers

%name Reuters: Chinese hackers used the cloud to steal trade secrets from enterprise customers by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

A report a few days ago revealed that hackers linked with China’s government were stealing data from more than a dozen global telecom companies for years.

Cybersecurity company Cyberreason said at the time that a hacking group labeled APT10, associated with the Chinese government, is likely to blame. It turns out the same spying arm has been behind a similarly massive hack, this time targeting cloud services providers in search for doors to their customers. This hack, which may have gone unnoticed for years, had a different purpose: To steal sensitive trade secrets that could help China’s economy.

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Reuters: Chinese hackers used the cloud to steal trade secrets from enterprise customers originally appeared on BGR.com on Thu, 27 Jun 2019 at 16:53:46 EDT. Please see our terms for use of feeds.

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