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China is actively running cyber threats against all businesses and CCG / Phen found an 0-day Hardware based data exfiltration on Chinese hardware (a wifi router w/ 5 network ports).

On Tuesday the 7th of July 2020, the head of the FBI, Christopher Wray said that China is pushing its preferences in the U.S. election as part of broad intelligence operations, whose economic impact he called unprecedented. The director of the Federal Bureau of Investigation, did not mention if China backed either President Donald Trump or his presumptive Democratic rival Joe Biden, both of whom have harshly criticized Beijing.

China’s malign foreign influence campaign targets our policies, our positions, 24/7, 365 days a year,’ Wray said at the Hudson Institute. So it’s not an election-specific threat; it’s really more of an all-year, all-the-time threat. But certainly that has implications for elections and they certainly have preferences that go along with that. U.S. intelligence concluded that Russia intervened in the 2016 election, in part by manipulating social media, in an effort to elect Trump.

Wray was answering questions after a speech focused mostly on China’s alleged economic espionage, cases of which he said have soared by 1,300 percent over the past decade; convicted of economic espionage, theft of trade secrets, and conspiracy for stealing proprietary information about wireless devices from two U.S. companies. One of those companies had spent over 20 years developing the technology Zhang stole.

These cases were among more than a thousand investigations the FBI has into China’s actual and attempted theft of American technology which is to say nothing of over a thousand more ongoing counterintelligence investigations of other kinds related to China. The stakes could not be higher, and the potential economic harm to American businesses and the economy as a whole almost defies calculation.

Wray said ‘It’s the people of the United States who are the victims of Chinese theft on a scale so massive that it represents one of the largest transfers of wealth in human history’. If you’re an American adult, it is more likely than not that China has stolen your personal data

Now not only the people’s data is at stake here but also the health, livelihoods, and security of the people. And currently China is working to compromise American health care organizations, pharmaceutical companies, and academic institutions conducting essential COVID-19 research.

China uses a diverse range of sophisticated techniques everything from cyber intrusions to corrupting trusted insiders. Wray also said that China works ‘relentlessly’ to identify ‘intermediary’ to pressure U.S. governors and other officials who take actions it opposes notably traveling to Taiwan, which is claimed by Beijing. China has being of importance becoming an artificial intelligence world leader, and these kinds of thefts feed right into China’s development of artificial intelligence tools.

Out of many, Phen-AI has proven to be one of the most advanced and effective cybersecurity software that can isolate everything inside your system within 15 minutes and put a safeguard around it from any kind of cyber threat.

In this case of Chinese infiltration in U.S. A company purchased and installed a wi-fi, 6 port router (a Chinese made JHC device) in their network. Within several minutes Phen, paired with NeTERS, saw and identified some very strange behavior. There was a new system and it was delivering data at 20k/min rates to and 7k/min from a location in China.

Phen kept observing and the strange behavior continued, somewhere between 15-20 minutes after the wifi/router was plugged in, Phen started taking action By halting and blocking outbound traffic to the strange networks and port (120.25.246.70 @port 7781)

Read more…https://www.phen-ai.com/phens-0-day-discovery-and-chinese-infiltration-exploit/
Olumide Akinwekomi

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