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Market Chatter: AT&T, Verizon Network Secured After Chinese-linked Salt Typhoon Cyberattack
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Market Chatter: AT&T, Verizon Network Secured After Chinese-linked Salt Typhoon Cyberattack
Dec 30, 2024 2:03 AM

04:37 AM EST, 12/30/2024 (MT Newswires) -- AT&T ( T ) and Verizon (VZ) confirmed that they were hit with cyber attacks from China-linked Salt Typhoon, but their networks are now secure, Reuters reported Saturday, citing the companies.

The investigation found that the Chinese government targeted a few individuals with foreign intelligence interests, Reuters reported, citing an AT&T ( T ) spokesperson.

The AT&T ( T ) spokesperson added that the company only identified a few cases of compromised information and is actively monitoring and addressing potential threats to customer data.

Verizon also reported no ongoing threat in its network, saying that after extensive work, the company has contained the attack, according to Reuters.

Reuters said the Salt Typhoon operation reportedly targeted officials linked to the presidential campaigns of Vice President Kamala Harris and President-elect Donald Trump.

AT&T ( T ) and Verizon did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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