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Market Chatter: Hackers Tied to China Breach US Internet Providers in Cyberattack
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Market Chatter: Hackers Tied to China Breach US Internet Providers in Cyberattack
Sep 25, 2024 1:56 PM

12:52 PM EDT, 09/25/2024 (MT Newswires) -- Hackers tied to the Chinese government have snuck into a few US internet-service providers in recent months with the goal of obtaining sensitive information, The Wall Street Journal reported Wednesday, citing people familiar with the matter.

The hacking campaign, called Salt Typhoon, is the most recent of a series of cyberattacks that US investigators have linked to China in recent years, according to the report. In breaches of this type, hackers aim to establish a bridgehead within the infrastructure of cable and broadband companies from which they can access data stored by telecommunications companies or launch a cyberattack, The WSJ said.

(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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