U.S. accuses two Chinese hackers of targeting of coronavirus vaccine research

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 99%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The U.S. Justice Department on Tuesday accused two Chinese hackers of stealing hundreds of millions of dollars of trade secrets from companies across the world and more recently targeting firms developing a vaccine for the coronavirus.

The indictment, which officials expected to discuss at a news conference, says the hackers in recent months had researched vulnerabilities in the computer networks of companies publicly known for their work in developing vaccines and treatments.

"China has now taken its place, alongside Russia, Iran and North Korea, in that shameful club of nations that provide a safe haven for cyber criminals in exchange for those criminals being `on call' to work for the benefit of the state, here to feed the Chinese Communist party's insatiable hunger for American and other non-Chinese companies' hard-earned intellectual property, including COVID-19 research," Assistant Attorney John Demers, the Justice Department's top...

But prosecutors say the defendants in January conducted reconnaissance on the computer network of a Massachusetts biotech firm known to be researching a potential vaccine and searched for vulnerabilities on the network of a Maryland firm less than a week after it said it was conducting similar scientific work.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

China lacks the innovation drive because it stifles creativity in the education system. It has to steal trade secrets. Got to think deep to understand a paranoid government does not want too many free thinking young people, Hong Kong is a good example.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines