Showing posts with label Cybereason. Show all posts
Showing posts with label Cybereason. Show all posts

Wednesday, May 4, 2022

Chinese hackers took trillions in intellectual property from about 30 multinational companies; CBS News, May 4, 2022

 NICOLE SGANGA, CBS News; Chinese hackers took trillions in intellectual property from about 30 multinational companies

"A yearslong malicious cyber operation spearheaded by the notorious Chinese state actor, APT 41, has siphoned off an estimated trillions in intellectual property theft from approximately 30 multinational companies within the manufacturing, energy and pharmaceutical sectors.

A new report by Boston-based cybersecurity firm, Cybereason, has unearthed a malicious campaign — dubbed Operation CuckooBees — exfiltrating hundreds of gigabytes of intellectual property and sensitive data, including blueprints, diagrams, formulas, and manufacturing-related proprietary data from multiple intrusions, spanning technology and manufacturing companies in North America, Europe, and Asia. 

"We're talking about Blueprint diagrams of fighter jets, helicopters, and missiles," Cybereason CEO Lior Div told CBS News. In pharmaceuticals, "we saw them stealing IP of drugs around diabetes, obesity, depression." The campaign has not yet been stopped.

Cybercriminals were focused on obtaining blueprints for cutting-edge technologies, the majority of which were not yet patented, Div said.

The intrusion also exfiltrated data from the energy industry – including designs of solar panel and edge vacuum system technology. "This is not [technology] that you have at home," Div noted. "It's what you need for large-scale manufacturing plants.""