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

Cybercom sounds alarm on infrastructure attacks

The commander of the U.S. Cyber Command warned Congress this week that Russia and China now can launch crippling cyberattacks on the electric grid and other critical infrastructures.

“We remain vigilant in preparing for future threats, as cyberattacks could cause catastrophic damage to portions of our power grid, communications networks and vital services,” Adm. Mike Rogers, the Cyber Command chief, told a Senate hearing. “Damaging attacks have already occurred in Europe,” he stated, noting suspected Russian cyberattacks that temporarily turned out the lights in portions of Ukraine.

Adm. Rogers said that unlike other areas of military competition, Russia is equal to the United States in terms its cyberwarfare capabilities, with China a close second.

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The Pentagon Still Hasn’t Decided Who’s In Charge If America Comes Under Cyberattack

Is it NORTHCOM or CYBERCOM? CYBERCOM or the NSA—or both? So many agencies; so little clarity.

One of the Pentagon’s key missions is to lend a hand—or a drone—during natural disasters or other domestic emergencies. But it is unclear, in the event of of a massive data breach, which element of the Defense Department is in charge of military support, according to Congress’ watchdog agency.

In other words: When there is an Ebola virus epidemic, for example, the assistant secretary of defense for health affairs steps in to help the civilian government. But it’s not clear what military official should organize forces when there is, for instance, a hospital computer virus unleashed by Iran. Continue reading

U.S. Should Prepare for ‘Higher-Intensity’ Cyber Attacks From North Korea

New report criticizes U.S. response to cyber attacks

The United States should prepare for “higher-intensity” cyber attacks from North Korea by developing stronger policy to respond to attacks, according to a new report.

Current U.S. policy is insufficient to respond to cyber attacks from North Korea and discourage future attacks, according to the report from the Center for Strategic International Studies on North Korea’s cyber operations. As a result, current policy puts the United States “in the position of being repeatedly assailed by [low-intensity] attacks without concrete mechanisms to effectively respond.” Continue reading

Cyber Attacks on U.S. Companies Since November 2014

Researchers are concerned over the strength and comprehensiveness of cybersecurity in the U.S., as companies across the country are being targeted in cyber attacks at an increasing rate of both occurrence and cost. Concerns continue to grow as both the number of attacks on companies’ networks and the cost to companies are increasing. The quantity and quality of information being hacked, stolen, destroyed, or leaked is becoming more of a problem for consumers and businesses alike. Continue reading

China Reveals Its Cyberwar Secrets

A high-level Chinese military organization has for the first time formally acknowledged that the country’s military and its intelligence community have specialized units for waging war on computer networks.

China’s hacking exploits, particularly those aimed at stealing trade secrets from U.S. companies, have been well known for years, and a source of constant tension between Washington and Beijing. But Chinese officials have routinely dismissed allegations that they spy on American corporations or have the ability to damage critical infrastructure, such as electrical power grids and gas pipelines, via cyber attacks.

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U.S. and North Korea have been secretly discussing having ‘talks about talks’

 

The United States and North Korea have been actively discussing the possibility of returning to denuclearization talks, raising the prospect of a new round of diplomacy even as Washington takes a tougher line against Pyongyang.

“We want to test if they have an interest in resuming negotiations,” a senior U.S. administration official said, speaking on the condition of anonymity. “I think we’ve made it very clear that we would like to see them take some steps first.”

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Evidence in Sony hack attack suggests possible involvement by Iran, China or Russia, intel source says

As also mentioned here, it’s absolutely naïve to believe only N. Korea or Iran are possibly involved. Russia and China have more sophisticated and highly trained personnel than both nations, yet could’ve been trained or given Russian/Chinese personnel to carry out the dirty work on their soil as to have the trail lead only back to Iran and N. Korea in order to mask the true origins.

 

The U.S. investigation into the recent hacking attack at Sony Pictures Entertainment has turned up evidence that does not point to North Korea as the “sole entity” in the case, but rather, raises the possibility that Iran, China or Russia may have been involved, an intelligence source told Fox News on Thursday.

The source pointed to the sophistication of malware “modules or packets” that destroyed the Sony systems — on a level that has not been seen from North Korea in the past — but has been seen from Iran, China and Russia.

There is no evidence of a forced entry into the Sony systems, pointing to an insider threat or stolen credentials. And the first emails sent to Sony, described as blackmail or extortion, included demands unrelated to the movie. Continue reading

Most Federal Agencies Wouldn’t Be Able to Bounce Back from a Sony Hack

If you’ve been following Global Geopolitics for a while, you will have come to the realization long ago that America is prepared for absolutely nothing.

The unintelligent community doesn’t even know what hit them until it’s too late. The political ‘leadership’ conducts hearings and continues to make warnings on taking action and implementing plans, but it never comes to fruition. The public for the most part doesn’t care so long as the shopping malls still remain open so they can scavenge like cockroaches through cheap plastic goods made in China.

America is in freefall in so many ways, the sword is coming to it (see also HERE), and no one except for a handful of people are really paying attention – and then a small fraction of that same handful dare to raise awareness like is done here.

God help America.

 

A file-wiping attack such as the Sony Pictures Entertainment hack could bring major federal departments to their knees, because most have no data-loss contingency plans, according to the latest figures on compliance with government cybersecurity laws.

Further, unplugging systems to contain damage, as Sony did, would impair an agency’s ability to carry out constitutional duties, some former federal cyber leaders say.

While it is debatable whether North Korea, unaffiliated hacktivists seizing an opportunity or another entity is ransacking the entertainment behemoth’s networks, one thing is clear: Sony had shoddy disaster response procedures.

The attack reportedly used so-called wiper malicious code that destroys files. After the first signs of a breach in late November, Sony officials told employees to disconnect machines from the corporate network. Continue reading

House cybersecurity chairman warns: First Sony, next the electric grid, Wall Street

Don’t limit the list of potential enemy nation-states to just N. Korea and Iran. China and Russia both have the capability and are known to have already probed American cyber defenses. By the time legislation is passed, which can sometimes take months in itself, or by the time something is implemented, it could be years later — which is too little, too late. Global Geopolitics has warned about cyberwarfare and its danger to America for years.

 

Rep. Patrick Meehan, chairman of the House Committee on Homeland Security’s Subcommittee on Cybersecurity, said the Sony attack and potential for a more widespread Internet invasion by U.S. enemies demands that President Obama sign pending cybersecurity legislation into law and look to other efforts to protect homegrown technology.

“American businesses, financial networks, government agencies and infrastructure systems like power grids are at continual risk. They’re targeted not just by lone hackers and criminal syndicates, but by well-funded nation-states like North Korea and Iran. A lack of consequences for when nation states carry out cyberattacks has only emboldened these adversaries to do more harm,” he added. Continue reading

Sony’s New Movies Leak Online Following Hack Attack

At least five new movies from Sony Pictures are being devoured on copyright-infringing file-sharing hubs online in the wake of the hack attack that hobbled the studio earlier in the week.

Copies of DVD screeners of four unreleased Sony movies including the upcoming “Annie” are getting some unwelcome early exposure, but nothing compared to the frenzy enveloping “Fury,” the war pic still in theaters since bowing last month.

“Fury” has been downloaded by over 888,000 unique IP addresses since showing up on peer-to-peer networks on Nov. 27, according to piracy tracking firm Excipio. That’s high enough to be the second most downloaded movie currently being pirated, and it’s not out of movie theaters yet. Continue reading

Sony Hacker Paralysis Reaches Day Two (Updated)

Absolutely nothing electronic is safe anymore. It’s not yet clear who may be behind this attack, but it’s clear the Russians and Chinese could shut America down if they wanted — and they eventually will as it’s not a matter of ‘if’ but ‘when’.

 

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2ND UPDATE: This Sony computer hacking episode isn’t over. The corporation’s computers are still down, in New York, overseas and on the Culver City lot of Sony Pictures, for the second day. IT experts are still working to figure out how the breach happened, and to stop a repeat. It is never opportune for something like this to interrupt a corporation’s hard work, but Thanksgiving week is probably not the worst time for it. Here’s the official line: “Sony Pictures Entertainment experienced a system disruption, which are working diligently to resolve.” Continue reading

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