Chinese hackers exploit code flaw, steal US emails

TL;DR Breakdown

  • Chinese hackers reportedly exploited a flaw in Microsoft’s code to steal emails from U.S. government agencies and other clients.
  • The hackers used a Microsoft digital key, but how they obtained it remains unclear.
  • The breach started in May and has affected around 25 organizations, including the State and Commerce Departments.

Description

In a surprising breach of digital security, Microsoft, the Redmond, Washington-based tech giant, recently disclosed that cyber intruders of Chinese origin exploited a flaw in the company’s software code, culminating in the theft of emails from U.S. government agencies and several other clients. The severe incident has sent shockwaves through the cybersecurity industry and incited … Read more

In a surprising breach of digital security, Microsoft, the Redmond, Washington-based tech giant, recently disclosed that cyber intruders of Chinese origin exploited a flaw in the company’s software code, culminating in the theft of emails from U.S. government agencies and several other clients.

The severe incident has sent shockwaves through the cybersecurity industry and incited further tension in the already fraught China-U.S. relations.

A cyber espionage saga

The alleged Chinese cyber culprits reportedly procured a digital key belonging to Microsoft. The precise means through which they gained access to this vital digital instrument remains murky, casting a cloud of doubt over the company’s internal security measures.

Capitalizing on the acquired key, the hackers then exploited a “validation error” in Microsoft’s programming, thereby orchestrating a widespread cyber espionage campaign.

This furtive operation began as early as May and saw cyber assailants infiltrating around 25 organizations’ email accounts. Officials noted that the victims included two prominent U.S. government bodies, the State and Commerce Departments.

China, however, has vehemently denied any involvement in the hacking activities.

An international ripple effect

These cyber transgressions have attracted the attention of the international community.

During a diplomatic meeting in Jakarta, Secretary of State Antony Blinken expressed profound concern over any action targeting the U.S. government, American corporations, or citizens to his Chinese counterpart, Wang Yi.

He further asserted that the U.S. would not hesitate to hold the responsible parties accountable.

Simultaneously, the United Kingdom’s National Cyber Security Centre (NCSC), an offshoot of the GCHQ spy agency, stated it was working closely with Microsoft to understand the full extent of the fallout from this comprehensive hacking operation.

A spokesperson from the NCSC confirmed that their focus is on discerning the incident’s impact in the UK.

Microsoft responds amidst criticism

Following the public revelation of the breach, Microsoft has found itself in the eye of a storm, fielding criticism over its security practices. Many officials and legislators are urging the company to provide its highest tier of digital auditing, known as logging, free to all its customers.

In response to the flak, Microsoft affirmed in a recent statement its commitment to take the criticisms into account. It stated, “We are evaluating feedback and are open to other models,” highlighting that it remains “actively engaged” with U.S. officials on this critical issue.

Despite this admission, the circumstances surrounding the initial breach – particularly how the Chinese hackers procured Microsoft’s digital key – remain shrouded in mystery.

This absence of clarity has led to conjecture that Microsoft itself might have been hacked prior to the email thefts, thus underscoring the serious questions this incident raises about cybersecurity.

In summary, the unfolding narrative of Chinese hackers exploiting a code flaw to steal U.S. emails has left a stark reminder of the fragility of cybersecurity in the face of sophisticated hacking operations.

Amid escalating international tensions and questions over corporate responsibility, the cybersecurity industry must now grapple with the aftermath and the need for reinforced security measures to prevent future incidents.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:Chinese hackers exploit code flaw, steal US emails

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月17日 07:39
Next 2023年7月17日 09:42

Related articles

  • PayPal’s stock prices drop by 3% after new CEO announcement

    TL;DR Breakdown PayPal’s announcement of a new CEO led to a 3% decrease in stock prices. Market reception to successor Alex Chriss is lukewarm, contrasting with outgoing CEO Dan Schulman’s strong crypto advocacy. The payment giant’s recent crypto token launch faces scrutiny amid regulatory uncertainties. Description Following the unveiling of PayPal’s forthcoming CEO, the payment behemoth recorded a downturn in its stock prices. Just after the revelation, the stock valuation decreased by 3%, positioning it just shy of the $60 benchmark. The looming exit of Dan Schulman, steering the company for nearly a decade, is believed to be the trigger behind … Read more Following the unveiling of PayPal’s forthcoming CEO, the payment behemoth recorded a downturn in its stock prices. Just after the revelation, the stock valuation decreased by 3%, positioning it just shy of the $60 benchmark. The looming exit of Dan Schulman, steering the company for nearly a decade, is believed to be the trigger behind this market reaction. Speculations around his successor led to a marked decrease in the company’s valuation, bringing its market capitalization to…

    Article 2023年8月17日
  • Top game dapp Iskra to launch Clashmon during base mainnet onchain summer roll out

    TL;DR Breakdown Starting on August 27, the ClashMon Onchain Summer Event allows players to mint a Game NFT Mystery Box and reveal their own ClashMon Monster, ClashMon gear, and ClashMon Tokens. Iskra believes that onboarding the next generation of on-chain users will be driven by engaging games that demonstrate the actual value of digital ownership.  Description Base opened mainnet for everyone on August 9  with their on-chain Summer campaign, featuring over 50 leading brands to connect users with the best on-chain art, music, and games daily throughout August. Top-ranking game Dapp Iskra will be one of the gaming category’s features, releasing its latest Free to Play game, ClashMon: Ignition. The ClashMon … Read more Base opened mainnet for everyone on August 9  with their on-chain Summer campaign, featuring over 50 leading brands to connect users with the best on-chain art, music, and games daily throughout August. Top-ranking game Dapp Iskra will be one of the gaming category’s features, releasing its latest Free to Play game, ClashMon: Ignition. The ClashMon Collectible Battle RPG offers its first minting opportunity on Base Mainnet…

    Article 2023年8月25日
  • Why is Twitter beefing with Elizabeth Warren?

    TL;DR Breakdown Twitter is challenging a consent order with the FTC and plans to subpoena Senator Elizabeth Warren. This move comes after Elizabeth Warren urged the FTC to investigate the social media company’s privacy policies. Twitter, under Elon Musk, has made significant changes including staff cuts and content moderation policy shifts, leading to a drop in ad revenue. Description The tension between Twitter and Senator Elizabeth Warren is intensifying as the social media behemoth is set to challenge a consent order with the Federal Trade Commission (FTC), creating ripples of conflict in the socio-political landscape. The crux of the matter revolves around accusations from Twitter towards the FTC of bias and overreach, sparking off … Read more The tension between Twitter and Senator Elizabeth Warren is intensifying as the social media behemoth is set to challenge a consent order with the Federal Trade Commission (FTC), creating ripples of conflict in the socio-political landscape. The crux of the matter revolves around accusations from Twitter towards the FTC of bias and overreach, sparking off this intriguing dispute. Twitter’s FTC face-off and the…

    Article 2023年7月22日
  • Sky Mavis’ Axie Infinity: Origins debuts on Apple’s App Store, setting the stage for wider Web3 gaming adoption

    TL;DR Breakdown ‘Axie Infinity: Origins,’ a crypto game by Sky Mavis, has debuted on Apple’s App Store in selected countries. Despite Apple’s NFT restrictions, Sky Mavis is hopeful for future in-app NFT transactions and has also launched an NFT marketplace. The game’s launch boosted Axie Infinity’s native cryptocurrency, AXS, indicating increased market interest despite past challenges. Sky Mavis, the creator of the iconic play-to-earn crypto game Axie Infinity, has announced the availability of ‘Axie Infinity: Origins’ on Apple’s App Store. Initially limited to a select number of Latin America and Southeast Asia countries, the move is seen as an important step in recapturing the user base that Sky Mavis lost following a challenging 2022. Jeffrey Zirlin, Sky Mavis co-founder, expressed optimism about gaining a foothold on the App Store. This platform has historically presented significant hurdles for companies dealing in non-fungible tokens (NFTs). The rollout, he suggests, will provide crucial data on user retention rates ahead of a planned global launch. This move carries significant potential for growth. Zirlin pointed out, “Seventy percent of our users come from family and…

    Article 2023年5月18日
  • SEBA Bank gains preliminary approval for crypto services in Hong Kong

    TL;DR Breakdown SEBA Bank’s Hong Kong arm receives in-principle approval from the SFC, allowing it to engage in various crypto-related activities like over-the-counter derivatives and asset management. The approval highlights Hong Kong’s strategic position as a potential gateway to China’s future crypto market, especially given its robust regulatory framework and unique status as a Special Administrative Region of China. Description In a significant development for the cryptocurrency industry, SEBA Bank’s Hong Kong division has secured in-principle approval from the Hong Kong Securities and Futures Commission (SFC). This approval allows SEBA Hong Kong to engage in a range of crypto-related activities, including over-the-counter derivatives, advisory services on virtual assets, and asset management for discretionary accounts in … Read more In a significant development for the cryptocurrency industry, SEBA Bank’s Hong Kong division has secured in-principle approval from the Hong Kong Securities and Futures Commission (SFC). This approval allows SEBA Hong Kong to engage in a range of crypto-related activities, including over-the-counter derivatives, advisory services on virtual assets, and asset management for discretionary accounts in virtual assets. The announcement comes amid a…

    Article 2023年8月30日
TOP