DOJ: Chinese hackers stole "hundreds of millions of dollars" of secrets
Two state-sponsored hackers in China targeted US businesses in a "sophisticated and prolific threat" for more than 10 years, both for financial gain and to steal trade secrets, the Department of Justice said today.
The 11-count indictment (PDF), which was made public today, alleges Li Xiaoyu and Dong Jiazhi worked with China's Ministry of State Security (MSS) and other agencies to hack into "hundreds of victim companies, governments, non-governmental organizations, and individual dissidents, clergy, and democratic and human rights activists in the United States and abroad."
Li and Dong were allegedly infiltrating networks of businesses in a wide array of sectors, including "high tech manufacturing; civil, industrial, and medical device engineering; business, educational, and gaming software development; solar energy; and pharmaceuticals," as well as defense contractors, since at least September 2009. In recent months, prosecutors allege, the two were seeking ways in to "the networks of biotech and other firms publicly known for work on COVID-19 vaccines, treatments, and testing technology" in at least 11 countries, including the US.
The indictment does not name the firms in question, only saying that "on or about January 25 and 27," Li was trying to break into networks at a Maryland biotech firm and a Massachusetts biotech firm, both of which were publicly known by that point to be working on COVID-19 vaccines. Matching up the timelines, the targets seem to have been Novavax, based in Gaithersburg, Maryland, and Moderna, based in Cambridge, Massachusetts.
(Score: 0) by Anonymous Coward on Thursday July 23 2020, @02:23AM (1 child)
Maybe they download a song
.. And they used the RIAA estimate of what's it worth?
(Score: 0) by Anonymous Coward on Thursday July 23 2020, @02:25AM
Whoops... I'd mod myself redundant if I could when I read the very next post