U.S. Adversaries Are Getting Even Better at Hacking, Crowdstrike Says
(Bloomberg) -- Cyber-adversaries of the U.S. refined their techniques to become more effective at hacking in 2019, according to the cybersecurity firm Crowdstrike Inc.
Hackers in countries including China, North Korea, Iran and Russia have improved their techniques in the last year, finding ways to attack that yield “more bang for their buck,” said Adam Meyers, vice president of intelligence at Crowdstrike, which released an annual review of cyberthreats on Tuesday. For most of those countries, that included an increased focus on targets such as telecommunications, which have far-reaching uses, he said.
In addition to telecommunications, hackers based in China targeted the health-care sector in 2019, likely for the purpose of corporate espionage, according to the review.
China's hackers also targeted government and defense sectors of neighboring countries, as well as Tibetans, Uighurs, and Hong Kong protesters, according to the review.
Operations based in North Korea were some of the most active last year, with cyber-attacks in South Korea, India and the financial sector elsewhere, according to the review. Other North Korean hacks targeted the U.S. and Japan and were aimed at gathering intelligence about sanctions and nuclear issues, Crowdstrike said.
The report comes after the U.S. Treasury Department announced sanctions Monday on two Chinese nationals allegedly involved in laundering stolen proceeds from a 2018 hack of a cryptocurrency exchange -- an operation linked to a North Korea-backed hacking group.
Crowdstrike also cited government-linked hackers in Iran for stepping up cyber-attacks in the U.S., and Russian hackers for targeting Ukraine last year, for the likely purpose of gaining an edge in diplomatic negotiations or on the battlefield.
Two countries not normally associated with major cyber capabilities were active last year, Crowdstrike said. Vietnam has developed an economic espionage program while India-linked hackers appeared to target Pakistan.
Criminal hackers also showed increased sophistication in 2019, according to Crowdstrike. Ransomware was a significant threat, with individual attacks holding computer data hostage for prices as high as $12.5 million -- a massive increase over the ransoms seen previously, according to Meyers. “There are so many more ransomware actors, and they are going crazy,” he said.
To contact the reporter on this story: Alyza Sebenius in Washington at asebenius@bloomberg.net
To contact the editor responsible for this story: Andrew Martin at amartin146@bloomberg.net
©2020 Bloomberg L.P.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.