New report uncovers massive Chinese hacking of trade secrets

Source: The Hill | May 4, 2022 | Monique Beals

Security researchers on Wednesday said that hackers connected to the Chinese government have attempted to access sensitive information from dozens of global organizations. 

Security firm Cybereason published research on a cyberattack believed to have had the goal of stealing sensitive proprietary information from technology and manufacturing companies mainly in East Asia, Western Europe and North America.  

The group said it had “medium-high confidence” that the attack was linked to Winnti APT group, which specializes in cyber espionage and intellectual property theft and is believed to work for Chinese state interests. 

In a statement, Cybereason CEO and co-founder Lior Div said the group made “intricate and extensive efforts” to garner information from the organizations. 

“The most alarming revelation is that the companies weren’t aware they were breached, going some as far back as at least 2019, giving Winnti free unfiltered access to intellectual property, blueprints, sensitive diagrams and other proprietary data,” Div said. 

The attack is thought by Cybereason to be “one of the largest IP theft campaigns of its kind coming from China.”

The security firm said it has briefed both the ​​FBI and the Justice Department on the findings from its research. 

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