US uncovers ‘broad and significant' Chinese spying effort on American telecom companies

The FBI did not identify any of the individuals targeted by the hackers but said most of them “are primarily involved in government or political activity"efforts to hack into U.S. telecommunications networks has revealed a “broad and significant” cyberespionage campaign aimed at stealing information from Americans who work in government and politics, the FBI said Wednesday.

The hackers also sought to copy “certain information that was subject to U.S. law enforcement requests pursuant to court orders,” the FBI said, suggesting the hackers may have been trying to compromise programs like those subject to the Foreign Intelligence Surveillance Act, or FISA, which grants American spy agencies sweeping powers to surveil the communications of individuals suspected of being agents of a foreign power.”The warning comes after several high-profile hacking incidents that U.S.

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EUR/USD backslides in broad-market Greenback recoveryEUR/USD pivoted into early losses to kick off the new trading week, cutting a near-term recovery rally short and sending intraday bids tumbling back toward 1.0800.
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