China's Hackers Keep Targeting US Water and Electricity Supplies

An indictment from the US Department of Justice may have solved the mystery of how disgraced cryptocurrency exchange FTX lost over $400 million in crypto.
The indictment, filed last week, alleges that three individuals used a SIM-swapping attack to steal hundreds of millions in virtual currency from an unnamed company.
The timing and the amount stolen coincides with FTX's theft.
In Florida, prosecutors say a 17-year-old named Alan Winston Filion is responsible for hundreds of swatting attacks around the United States.
The news of his arrest was first reported by WIRED days before law enforcement made it public.
It was the culmination of a multi-agency manhunt to piece together a trail of digital breadcrumbs left by the teenager.
In Ukraine, unmanned aerial vehicles have been powerful tools since the Russian invasion began in February 2022.
As the war rages on, another kind of unmanned robot has increasingly appeared on the front-lines: the unmanned ground vehicle, or UGV. For months lawyers affiliated with an India based hacker-for-hire firm called Appin Technology have used legal threats to censor reporting about the company's alleged cyber mercenary past.
The EFF, Techdirt, MuckRock, and DDoSecrets are now pushing back, publicly sharing details for the first time about the firm's efforts to remove content from the web.
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For years Western security officials have warned about the threat of China collecting data about millions of people and the country's hackers infiltrating sensitive systems.
This week, Federal Bureau of Investigation director Christopher Wray said hackers affiliated with the Chinese Communist Party are constantly targeting US critical infrastructure, such as water treatment plants, the electrical grid, and oil and gas pipelines.
Wray's testimony, at a House subcommittee on China, came as the FBI also revealed it removed malware from hundreds of routers in people's homes and offices that had been planted by the Chinese hacking group Volt Typhoon.
While concerns about the scale of China's espionage and cyber operations aren't new, the US intelligence community has been increasingly vocal and worried about critical infrastructure being targeted by Volt Typhoon and other groups.
In May 2023, Microsoft revealed it had been tracking Volt Typhoon intrusions at communications and transportation infrastructure, among other critical infrastructure, in US states and Guam.


This Cyber News was published on www.wired.com. Publication date: Sat, 03 Feb 2024 14:13:04 +0000


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