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Why China is Cyber-Threat #1

by Index Investing News
March 27, 2024
in World
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SUBSCRIBER+ EXCLUSIVE — When U.S. and British officials filed charges of cyberespionage and imposed sanctions against China Monday, for a campaign which they said had hit millions of people in the two countries, it was only the latest salvo in a cyber war that has intensified sharply over the past year. 

The U.S. and U.K. called the group of hackers “Advanced Persistent Threat 31” – or “APT31” – and said it was run by China’s Ministry of State Security. Officials said the APT31 campaign had gone on for more than a decade, with targets including members of the U.S. Congress and the British parliament, along with academics, journalists, and employees of companies that had been critical of China. Deputy U.S. Attorney General Lisa Monaco said the aim of the hacking had been to “repress critics of the Chinese regime, compromise government institutions, and steal trade secrets.”

“The Cipher Brief has become the most popular outlet for former intelligence officers; no media outlet is even a close second to The Cipher Brief in terms of the number of articles published by formers.” —Sept. 2018, Studies in Intelligence, Vol. 62

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