R&I – FS
The United States, several allies and partners and NATO are joining forces to “expose and criticize” China for a “pattern of malicious cyber activities,” announcing on Monday that China is profiting off some of the cyberattacks it’s supported, and officially saying it was behind the Microsoft Exchange server breach in March.
“We will show how the PRC [People’s Republic of China] MSS, Ministry of State Security, uses criminal contract hackers to conduct unsanctioned cyber operations globally, including for their own personal profit,” senior administration officials said on a call with reporters Sunday night. “Their operations include criminal activities such as cyber-enabled extortion, cryptojacking and theft of victims around the world for financial gain.
Officials said they also know of some “government-affiliated cyber operators conducting ransomware operations against private companies that have included ransom demands of millions of dollars.”
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