5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

FBI says Chinese hackers preparing to attack US infrastructure

by
April 19, 2024
in Stock
0
FBI says Chinese hackers preparing to attack US infrastructure

Nashville, Tennessee – Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting “for just the right moment to deal a devastating blow,” FBI Director Christopher Wray said on Thursday.

An ongoing Chinese hacking campaign known as Volt Typhoon has successfully gained access to numerous American companies in telecommunications, energy, water and other critical sectors, with 23 pipeline operators targeted, Wray said in a speech at Vanderbilt University.

China is developing the “ability to physically wreak havoc on our critical infrastructure at a time of its choosing,” Wray said at the 2024 Vanderbilt Summit on Modern Conflict and Emerging Threats. “Its plan is to land low blows against civilian infrastructure to try to induce panic.”

Wray said it was difficult to determine the intent of this cyber pre-positioning which was aligned with China’s broader intent to deter the U.S. from defending Taiwan.

China claims democratically governed Taiwan as its own territory and has never renounced the use of force to bring the island under its control. Taiwan strongly objects to China’s sovereignty claims and says only the island’s people can decide their future.

Earlier this week, a Chinese Ministry of Foreign Affairs spokesperson said Volt Typhoon was in fact unrelated to China’s government, but is part of a criminal ransomware group.

In a statement, China’s Embassy in Washington referred back to the MFA spokesperson’s comment. “Some in the US have been using origin-tracing of cyberattacks as a tool to hit and frame China, claiming the US to be the victim while it’s the other way round, and politicizing cybersecurity issues.”

Wray said China’s hackers operated a series of botnets – constellations of compromised personal computers and servers around the globe – to conceal their malicious cyber activities. Private sector American technology and cybersecurity companies previously attributed Volt Typhoon to China, including reports by security researchers with Microsoft and Google. — Reuters

Previous Post

US labor market stays resilient

Next Post

Is Puregold teasing the year’s panalo collab of the Philippines’ biggest music artists?

Next Post
Is Puregold teasing the year’s panalo collab of the Philippines’ biggest music artists?

Is Puregold teasing the year’s panalo collab of the Philippines’ biggest music artists?

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    PSE hikes capital-raising goal to P170B

    PSE hikes capital-raising goal to P170B

    May 18, 2025
    Election-tied spending may shield growth from tariffs

    Election-tied spending may shield growth from tariffs

    May 18, 2025
    Philippine potential in focus at BusinessWorld Economic Forum 2025

    Philippine potential in focus at BusinessWorld Economic Forum 2025

    May 18, 2025
    Philippine banks’ March bad loan ratio softens

    Philippine banks’ March bad loan ratio softens

    May 18, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.