Featured World News

U.S. indicts 4 Chinese military officers for Equifax hack

The United States has indicted four Chinese military officers for allegedly hacking into the computer systems of credit-reporting agency, Equifax. 

Attorney-General Mr William Barr, who announced the indictment in Washington on Monday, described the hacking, which occurred in 2017, as the “largest data breaches in history’’.

 Barr identified the suspects as Wang Qian, Wu Zhiyong, Xu Ke, and Liu Lei all members of the Chinese People’s Liberation Army (PLA), according to him. 

He said the nine-count indictment, handed down by a grand jury in Atlanta, accused the quartet of conspiring to hack Equifax’s computer systems and committing economic espionage

 Barr alleged that the suspects stole “sensitive personal information of nearly half of all American citizens’’, damaged Equifax’s computer systems and committed wire fraud.

 He said Equifax’s “hard-earned intellectual property’’ was also stolen, adding that the scale of the theft was staggering.

 “As alleged in the indictment, the hackers obtained the names, birth dates, and social security numbers of nearly 150 million Americans, and the driver’s license numbers of at least 10 million Americans. 

“This theft not only caused significant financial damage to Equifax, but invaded the privacy of many millions of Americans. 

“It imposed substantial costs and burdens on them as they have had to take measures to protect against identity theft,’’ he said.

 The attorney general said investigations into the incident revealed “a pattern of state-sponsored computer intrusions and thefts by China targeting trade secrets and confidential business information’’.

 Barr further alleged that the hacks were carried out by group known as APT 10, working with the Chinese Ministry of State Security, or MSS.

 He said hacks by APT 10 target managed service providers and their clients worldwide across industries.

 “There were hacks by MSS intelligence officers who sought to steal intellectual property related to turbofan engines by using both insiders and computer operations;

 “Hacks by PLA officers who targeted victims in the nuclear power, metals, and solar products industries for the economic benefit of Chinese companies.

 “Indeed, about 80 per cent of our economic espionage prosecutions have implicated the Chinese government.

 “And about 60 percent of all trade secret theft cases in recent years involved some connection to China,’’ he alleged.

Related posts

FG approves N185bn for rehabilitation, reconstruction of 14 roads nationwide

Editor

Don’t involve NURTW members in elections logistics, Lagos PDP tells INEC

Editor

NGF advises Commissioners of Finance, revenue agencies to increase domestic revenue

By Aliyu DANLADI

Budget defence : Ondo Speaker warns MDAs against frivolous requests

Shile GIWA 

Tinubu says APC’s victory in Osun shows democracy at work

Editor

Jega advocates stiffer laws against fake election results

Editor

Leave a Comment

Social Media Auto Publish Powered By : XYZScripts.com