financetom
Business
financetom
/
Business
/
Market Chatter: US Weighs Ban of Bestselling Router on Amazon Over Links to Chinese Cyberattacks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: US Weighs Ban of Bestselling Router on Amazon Over Links to Chinese Cyberattacks
Dec 18, 2024 6:27 AM

09:03 AM EST, 12/18/2024 (MT Newswires) -- Multiple US agencies are investigating whether to ban TP-Link, a Chinese router manufacturer that is the bestseller on Amazon.com ( AMZN ) , over links to cyberattacks, The Wall Street Journal reported Wednesday, citing people familiar with the matter.

Authorities at the Departments of Commerce, Defense and Justice have opened up separate probes into the company, and the US could ban the sale of TP-Link routers in the country next year, the people reportedly told the Journal.

A Microsoft ( MSFT ) analysis published in October found that a Chinese hacking entity maintains a network of thousands of compromised TP-Link routers, and the network has been used to launch cyberattacks, according to the report.

(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.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved