EXCLUSIVE: Global Banking System Infiltrated by Chinese State Hackers

Economic warfare via economic espionage is exactly what this is, without a doubt. As the article states, these are shots being fired at America and the Western financial system. The goal, a means to an end, is to create a lack of confidence in the system and eventually provide an alternative to the United States-dominated world.

 

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A screenshot, provided to Epoch Times by an insider, shows the security certificate of a Mexico-owned bank money transfer network in New Jersey being exfiltrated. Hackers can use the certificate to send communications through the company’s networks, which its recipients would automatically validate.

 

 

Hackers employed by the Chinese state are making a profit selling access to breached banks to organized crime groups

A group of cybercriminals has breached and mapped the global banking system, and in a series of attacks has so far stolen $81 million from the central bank of Bangladesh. Experts believe the attacks were done using fraudulent messages on a money transfer network connected to the banking system.

Investigations into the ongoing attacks are still underway, and related attacks on other banks are still being uncovered. Some experts are pinning the attack on hackers from North Korea, since the tools they used share similarities to the November 2014 hack of Sony Pictures Entertainment.

According to an insider with direct knowledge of the recent attacks, however, the culprit behind the digital bank robberies is much larger. The insider requested to remain anonymous due to security concerns, and was able to provide evidence to support his claims. Continue reading

FBI Warns Nation-State Cyber Attacks Are Continuing

This will continue until America is either crippled beyond repair, or until America decides to abandon its “patch and pray” reactive measures that do almost nothing against future threats, and become proactive.

 

Government and private networks hit by sophisticated cyber espionage

Foreign government hackers are continuing to target U.S. government and private sector computer networks in sophisticated cyber attacks, the FBI warned in an alert sent this week.

“Advanced Persistent Threat (APT) cyber actors continue to target sensitive information stored on U.S. commercial and government networks through cyber espionage,” the FBI said in the May 11 notice.

The term “APT actor” is a euphemism for state-sponsored or highly sophisticated cyber attackers, usually involving connections to foreign militaries or intelligence services. Continue reading

Signs Point to China in US Research Facility Hack

Tech companies, healthcare giants, defense contractors, top universities, the US government—you name it, Chinese cyber-spies have probably hacked it. And now, it seems likely, we can add one of the world’s preeminent marine research groups to the list.

Woods Hole Oceanographic Institution sustained a “sophisticated, targeted attack” that looks to have originated from China, according to Christopher Land, the organization’s general counsel and leader of its internal investigation. Continue reading