U.S. charges 2 Chinese men of corporate and Intellectual property theft from General Electric Co.

The most significant part of the indictment is that this is the first time that the United States has tied these economic and intellectual property thefts to the Chinese government. In a significant development, as per an indictment unsealed by the U.S. Justice Department, a Chinese businessman as well as a former engineer working at…

U.S. launches formal charges against Huawei Technologies Co., Ltd & CFO Meng Wanzhou

The charges will test Beijing’s ability to compartmentalize the alleged violations of sanctions on Iran by Huawei from the ongoing trade negotiations. In a development of far reaching implications for U.S.-China bilateral relations, the United States has charged Huawei Technologies Co Ltd with criminal conspiracy to violate U.S. sanctions on Iran. The U.S. Justice Department…

Hackers distrupted U.S. newspaper distribution system using malware

The cyber attack caused disruption to production systems in the Saturday edition of a number of newspapers, all of whom shared a common production platform. According to a report from the Los Angeles Times, a cyber attack, that appeared to originate outside the U.S., caused significant printing and delivery disruptions at several U.S. newspapers including…

Cambridge Analytica under the lens of the Justice Department and the FBI

The investigating appears to focus on Cambridge Analytica’s financial dealings. As per a New Yorks Times report, the FBI and the U.S. Justice Department are investigating Cambridge Analytica, the now-defunct political data firm that was embroiled in a massive scandal over its handling of Facebook Inc user data. Prosecutors are wanting to question former Cambridge…

Former IBM employee sentenced to 5 years in prison for stealing source code

U.S. District Judge Kenneth Karas sentenced, Jiaqiang Xu, 32 to prison for the theft of a trade secret and economic espionage. U.S prosecutors disclosed that a former software engineer for IBM, has been sentenced to 5 years in prison following his guilty plea of stealing proprietary source code from the software giant. On Thursday, U.S.…

Hackers break into Equifax’s computer systems, gain access to personal information of nearly half of the U.S. population

As per U.S. Senator Mark Warner, vice chairman of the Senate Select Committee on Intelligence, it would not be an “exaggeration to suggest that a breach such as this represents a real threat to the economic security of Americans.” In what is reported to be one of the largest breaches of data in the United…

Officials from the Department of Energy, FBI and Homeland Security work to defend U.S. energy infrastructures from cyberattacks

In one instance a cyberattack had breached the cyber defenses of a nuclear power plant. In a significant development designed to protect the homeland against cyberattacks, the U.S. Department of Energy stated it is in the process of helping U.S. firms defend themselves against a hacking campaign that is targeting power companies, including nuclear plants.…

Microsoft reports receiving a type of warrantless surveillance order from FBI

While downward revising the number of government surveillance requests it received, Microsoft’s transparency report makes for an interesting read. Microsoft Corp stated it had wrongly reported a sharp increase in U.S. government surveillance requests during the first half of 2016, and has revised its figures to show that the level of requests have remained at…