financetom
Technology
financetom
/
Technology
/
Singapore says cyber espionage group targeting critical infrastructure
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Singapore says cyber espionage group targeting critical infrastructure
Jul 18, 2025 9:57 AM

SINGAPORE (Reuters) -Singapore said on Friday that it was responding to cyberattacks on its critical infrastructure by an espionage group alleged by security experts to be linked to China.

"UNC3886 poses a serious threat to us, and has the potential to undermine our national security," Coordinating Minister for National Security K. Shanmugam said in a speech. "It is going after high value strategic threat targets, vital infrastructure that delivers essential services." 

He did not give details of the attacks, citing security risks, nor of any consequences.

Google-owned cybersecurity firm Mandiant has described UNC3886 as a "China-nexus espionage group" that has attacked defense, technology and telecommunications organizations in the U.S. and Asia.

Beijing routinely denies any allegations of cyberespionage, and says it opposes all forms of cyberattacks and is in fact a victim of such threats. The Chinese embassy did not immediately respond to a request for comment sent after office hours. 

Singapore's critical infrastructure sectors include energy, water, banking, finance, healthcare, transport, government, communication, media, as well as security and emergency services, according to the country's cyber agency.

Reuters earlier this week reported that the Taiwanese semiconductor industry and investment analysts had been targeted by Chinese-linked hackers as part of a string of cyber espionage campaigns. 

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 >
Deep Dive Into Fortinet Stock: Analyst Perspectives (20 Ratings)
Deep Dive Into Fortinet Stock: Analyst Perspectives (20 Ratings)
Sep 13, 2024
Providing a diverse range of perspectives from bullish to bearish, 20 analysts have published ratings on Fortinet ( FTNT ) in the last three months. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
Blackstone considering sale of visa firm VFS Global, Bloomberg News reports
Blackstone considering sale of visa firm VFS Global, Bloomberg News reports
Sep 13, 2024
Sept 12 (Reuters) - Blackstone is considering options including a sale of its majority stake in visa application outsourcing and technology services firm VFS Global after receiving interest from prospective investors, Bloomberg News reported on Thursday. A potential transaction could value VFS at about $7 billion, Bloomberg reported, citing people familiar with the matter. ...
Mobileum emerges from Chapter 11 bankruptcy process
Mobileum emerges from Chapter 11 bankruptcy process
Sep 13, 2024
Sept 12 (Reuters) - U.S. telecom services provider Mobileum said on Thursday it had emerged from the Chapter 11 bankruptcy process, and secured $60 million of new financing to fund its bankruptcy process, with $100 million of financing for prepetition debt. The company said it has eliminated approximately $530 million in prepetition debt. It previously sought to cut $529 million...
Insight Partners explores $4 bln-plus sale of Tricentis, sources say
Insight Partners explores $4 bln-plus sale of Tricentis, sources say
Sep 13, 2024
Sept 13 (Reuters) - Private equity firm Insight Partners is exploring a sale of Tricentis, in a deal that it is hoping could value the software provider for developer applications at more than $4 billion, according to four people familiar with the matter. Insight is working with investment bank Evercore ( EVR ) to solicit interest from potential buyers, which...
Copyright 2023-2026 - www.financetom.com All Rights Reserved