Latest Industrial espionage Stories

US, European Energy Companies Under Attack By Russian Hackers
2014-07-01 10:40:00

Peter Suciu for redOrbit.com - Your Universe Online On Monday, Symantec Corp. reported that a group of Russian hackers – known as "Energetic Bear," as well as "Dragonfly" – is now attacking energy companies in the United States and Europe. The group is reportedly capable of disrupting power supplies, the cyber-security researchers warned. "An ongoing cyberespionage campaign against a range of targets, mainly in the energy sector, gave attackers the ability to mount sabotage...

Unit Within Chinese People's Liberation Army Linked To Online Spying
2014-06-10 10:50:26

Peter Suciu for redOrbit.com - Your Universe Online Unit 61398, the not-so-secret cyber warfare branch of the Chinese People's Liberation Army (PLA), might not be working entirely alone. On Monday CrowdStrike identified another group that has been dubbed Putter Panda, a cyber-espionage team that conducts operations from Shanghai and reportedly works on behalf of the PLA's 3rd Department 12th Bureau Unit 61486. CrowdStrike, a US security firm, released a detailed report that casts...

cybercrime china
2014-05-19 12:00:28

Peter Suciu for redOrbit.com - Your Universe Online On Monday the United States Department of Justice (DOJ) announced that cyber-spying charges had been filed against five officers of the Chinese military. The DOJ accused them of stealing trade secrets from six US companies. This is the first such case where an indictment for economic espionage has been brought against foreign government officials. The officers were identified as Wang Dong, Sun Kailiang, Wen Xinyu, Huang Zhenyu, and Gu...

Report Recommends The US Should Take Strong Action Against IP Theft
2013-05-24 04:32:05

Peter Suciu for redOrbit.com — Your Universe Online The United States government should bar companies that repeatedly steal or use stolen IP from selling their wares in the country, according to recommendations in a new report (PDF) released on Wednesday. The Commission on the Theft of American Intellectual Property, which is made up of a group of former government officials and business representatives, called on the government to take a series of measures to protect intellectual...

US Air Force Adds New Weapons To Their Cyber Arsenal
2013-04-09 11:42:32

Michael Harper for redOrbit.com — Your Universe Online As the Stuxnet attack against an Iranian nuclear reactor has shown, modern warfare can be carried out on digital networks as well as on the battlefield. The US Air Force has likely realized this and is now designated six new cyber weapons. And according to Reuters, the Air Force will now use this expanded class of weapons to try to attract extra cash to their weapons budget. In a recent conference held in Colorado Springs,...

Chinese NASA Scientist Arrested By FBI While Trying To Flee US
2013-03-19 12:10:50

Lee Rannals for redOrbit.com — Your Universe Online A NASA contractor working at the space agency's Langley Research Center has been arrested by the FBI after being caught fleeing to China. Virginia Representative Frank Wolf said during a news conference that Bo Jiang, a Chinese national scientist, was arrested Sunday at Dulles International Airport. Wolf said Jiang was given access to information that would be of great interest to foreign spies. An FBI affidavit filed against...

Cyber-Espionage Against The US Is On The Rise
2013-02-12 05:44:48

redOrbit Staff & Wire Reports - Your Universe Online China is conducting a sustained cyber-espionage campaign against US businesses and institutions in an effort to find information that would give Chinese firms an economic advantage, according to a new US intelligence assessment. The classified National Intelligence Estimate (NIE), which represents the consensus view of the US intelligence community, is one of the most secretive national security documents in the federal...

Eric Schmidt
2013-02-03 06:39:05

redOrbit Staff & Wire Reports - Your Universe Online A forthcoming new book penned by Google´s Eric Schmidt has called China “the most sophisticated and prolific” hacker of foreign companies, according to a variety of media reports published late last week. Furthermore, in the forthcoming book, the Mountain View, California-based company´s executive chairman calls the Asian nation “the world´s most active and enthusiastic filterer of...

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