Tag

Economic Espionage

All articles tagged with #economic espionage

business5 days ago•2 min saved

Former Fed Adviser Sentenced Over 3 Years for Lying About China Ties to Fed Information

A former senior adviser to the Federal Reserve Board was sentenced to more than three years in prison for lying to federal investigators about sharing restricted monetary-policy information with Chinese intelligence; he was acquitted of the conspiracy-to-commit-economic-espionage charge. The case comes as the U.S. tightens scrutiny of Chinese economic espionage, with an additional 12 months of supervised release imposed.

via CNBC|

#business #china #economic-espionage

cybersecurity-international-relations-legal2 years ago•9 min saved

"Chinese Government-Linked Hackers Charged with Targeting Critics and U.S. Entities"

Seven Chinese nationals have been charged with conspiracy to commit computer intrusions and wire fraud for their involvement in a hacking group associated with the Chinese government. The group, known as Advanced Persistent Threat 31 (APT31), targeted U.S. and foreign critics, businesses, and political officials for over 14 years, aiming to further the PRC’s economic espionage and foreign intelligence objectives. The defendants conducted global campaigns of computer hacking, targeting political dissidents, government officials, candidates, and campaign personnel in the United States and elsewhere, as well as American companies. The indictment sheds light on the PRC Ministry of State Security’s aggressive cyber espionage and transnational repression activities worldwide, and underscores the need for vigilance against cybersecurity threats and foreign malign influence efforts.

via Department of Justice|

#chinese-government #cyber-espionage #cybersecurity-international-relations-legal

cybersecurity2 years ago•10 min saved

"Chinese Government Hackers Charged with Cyberespionage Against US Targets"

Seven Chinese nationals associated with the Chinese government have been charged with conspiracy to commit computer intrusions and wire fraud for their involvement in a hacking group targeting U.S. and foreign critics, businesses, and political officials. The group, known as Advanced Persistent Threat 31 (APT31 Group), operated in the People’s Republic of China and conducted global campaigns of computer hacking targeting political dissidents, government officials, American companies, and individuals perceived as supporting dissidents. The defendants employed sophisticated hacking techniques, including sending malicious emails containing hidden tracking links to compromise victims' networks, email accounts, and telephone call records. The indictment sheds light on China's aggressive cyber espionage and transnational repression activities, emphasizing the need for vigilance against cybersecurity threats and foreign malign influence efforts.

via Department of Justice|

#chinese-government #cyber-espionage #cybersecurity

crime3 years ago•2 min saved

Ex-Harvard Professor Charles Lieber Sentenced to House Arrest and Fined for Lying About China Ties.

Former Harvard professor Charles Lieber has been sentenced to six months of house arrest, two years of supervised release, and a $50,000 fine for making false statements to authorities, filing false tax returns, and failing to report a Chinese bank account. Lieber's lawyers argued for no prison time due to his cancer diagnosis. Prosecutors accused Lieber of hiding his involvement in China's "thousand talents plan" and receiving over $1.5m to establish a research lab at Wuhan University of Technology. The case is part of the US Department of Justice's China Initiative, which some critics say unfairly targets Chinese researchers and harms academic research.

via BBC|

#charles-lieber #china #crime