Chinese Nationals Charged in Global Cybercrime Campaigns

SOURCE www.nbcnews.com
Twelve Chinese nationals, including hackers and law enforcement officers, have been charged for global cybercrime campaigns targeting dissidents, news organizations, U.S. agencies, and universities. The cases detail a hacking-for-hire ecosystem in China funded by the government. The indictments reveal activities targeting Chinese dissidents, religious organizations, and media outlets in the U.S. The hackers charged the Chinese government between $10,000 and $75,000 for each email inbox successfully hacked.

Key Points

  • Hacking-for-hire ecosystem in China funded by the government
  • Targets included dissidents, news organizations, U.S. agencies, and universities
  • Hackers charged the Chinese government for successful hacks

Pros

  • Reveals details of a booming hacking-for-hire ecosystem in China
  • Adds new insight into cyber threats from China
  • Addresses activities targeting Chinese dissidents and U.S. entities

Cons

  • Raises concerns about cybersecurity vulnerabilities
  • Highlights the extent of state-sponsored cybercrime