Vietnam-linked hacking group targets Toyota, other companies

-- A Vietnam-based hacking group is learning from China’s playbook, using increasingly sophisticated cyber-attacks to spy on competitors and help Vietnam catch up to global competitors, according to cybersecurity experts.

Vietnam has also targeted American businesses relevant to Vietnam’s economy, including the consumer products industry, for years, according to experts. “What’s changed more recently, and this is consistent with broader trends in the cyberthreat actor landscape, is that they are getting better and better at it,” said Andrew Grotto, a fellow at Stanford University who served as the senior director for cybersecurity policy on the National Security Council from late 2015 to mid-2017.

Vietnamese government hackers have likely “seen how successful the Chinese have been at building cyber-espionage capabilities and cybersurveillance capabilities” according to Eric Rosenbach, co-director of the Belfer Center for Science and International Affairs at the Harvard Kennedy School and a former assistant secretary of defense for global security under Obama.

Vietnam is part of a growing group of countries -- outside of major cyberplayers such as Russia and China -- that are developing and buying cyber capabilities, according former government officials. Story continuesOcean LotusThe cybersecurity firm FireEye Inc. has been tracking APT32 -- which is also known as Ocean Lotus and Ocean Buffalo -- since 2012, according to Nick Carr, a director at the firm. In 2017, his team investigated a series of hacks in the U.S.

“Most recently, we’ve seen suspected APT32 domain registration activity designed to resemble automotive firms,” Hultquist said. “This ongoing registration activity affirms APT32’s continuing interest in foreign automakers doing business in Vietnam.”

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vietnam-linked hacking group targets Toyota, other companiesWASHINGTON (BLOOMBERG) - A Vietnam-based hacking group is learning from China's playbook, using increasingly sophisticated cyber-attacks to spy on competitors and help Vietnam catch up to global competitors, according to cybersecurity experts.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Vietnam-linked hacking group targets Toyota, other companiesWASHINGTON (BLOOMBERG) - A Vietnam-based hacking group is learning from China's playbook, using increasingly sophisticated cyber-attacks to spy on competitors and help Vietnam catch up to global competitors, according to cybersecurity experts.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »