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A massive advanced persistent threat (APT)-type attack campaign has been ongoing worldwide for five years that has stolen intellectual property from 70 government agencies, international corporations, nonprofits, and others in 14 countries, according to a new published report in Vanity Fair.
The so-called "Operation Shady Rat," which is detailed in a new report by McAfee, has mostly U.S.-based organizations and government agencies (49 of the 70 victims), but government agencies in Taiwan, South Korea, Vietnam, and Canada are among its victims, as are organizations in Japan, Switzerland, the
(Reuters) - Security experts have discovered the biggest series of cyber attacks to date, involving the infiltration of the networks of 72 organizations including the United Nations, governments and companies around the world.
Security company McAfee, which uncovered the intrusions, said it believed there was one "state actor" behind the attacks but declined to name it, though one security expert who has been briefed on the hacking said the evidence points to China.
Originally posted by doctornamtab
You can't really try an entire country for blackmail against another country can you now?
“What we have witnessed over the past five to six years has been nothing short of a historically unprecedented transfer of wealth,” McAfee’s vice president of threat research Dmitri Alperovitch, said in a blog post today.
He said the losses include closely guarded national secrets (including from classified government networks), source code, bug databases, email archives, negotiation plans and exploration details for new oil and gas field auctions, document stores, legal contracts, SCADA (industrial computing machinery) configurations, design schematics and “much more has fallen off the truck of numerous, mostly Western companies and disappeared in the ever-growing electronic archives of dogged adversaries.”
He added, “What is happening to all this data — by now reaching petabytes as a whole — is still largely an open question. However, if even a fraction of it is used to build better competing products or beat a competitor at a key negotiation (due to having stolen the other team’s playbook), the loss represents a massive economic threat not just to individual companies and industries but to entire countries that face the prospect of decreased economic growth in a suddenly more competitive landscape and the loss of jobs in industries that lose out to unscrupulous competitors in another part of the world, not to mention the national security impact of the loss of sensitive intelligence or defense information.”
SHANGHAI — An American cybersecurity company issued a report on Wednesday saying it had identified cyberattacks that lasted up to five years on a wide range of governments, American corporations and even United Nations groups.
The company, McAfee, said it had alerted the 72 targets it identified and also informed law enforcement agencies, which it said were investigating. The 14-page report calls the attacks highly sophisticated and says they appear to have been operated by a government body, which it declined to name.
“We’re not pointing fingers at anyone but we believe it was a nation-state,” Dmitri Alperovitch, McAfee’s vice president of threat research and the lead author of the report, said in a telephone interview on Wednesday. China has repeatedly been the focus of suspicion in such cases.
China-based hackers spent five years ransacking the computer networks of the United Nations, multinational corporations, the Olympic committees of several countries and the U.S. and Canadian governments, according to two security companies.
In one of the largest cyberattacks discovered, more than 72 organizations were hacked by spies beginning in 2006, according to computer server logs and other evidence obtained by Santa Clara, California-based McAfee Inc. (MFE)
The attack has been traced to servers in at least two of China’s major cities, Beijing and Shanghai, according to Atlanta-based Dell SecureWorks, which separately traced the same series of attacks.