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Russia Tops Global Cybercrime Index, New Study Reveals

Data Breach Today

Russia, Ukraine, China and US All Top 'First-Ever World Cybercrime Index' A new study published by researchers from the universities of Oxford and New South Wales ranks Russia at the top of a global list of cybercrime hot spots and says Ukraine, China, the United States, Nigeria and Romania are home to a majority of global cybercriminal activity.

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China Accuses NSA of Spying on State Aeronautics University

Data Breach Today

We're Not the Cyber Baddies, You're the Cyber Baddies, Says China China again accused the United States of cyberespionage as it seeks to reframe the global narrative on hacking. China's status as the world's worst cyber thief "annoys them tremendously," says Jim Lewis of CSIS.

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Zero-Days in Edge Devices Become China's Cyber Warfare Tactic of Choice

Dark Reading

While China is already among the world's most formidable threat actors, a focus on exploiting public-facing appliances makes its state-sponsored APTs more dangerous than ever.

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GUEST ESSAY: NewsCorp hack shows cyber espionage, squelching of press freedom on the rise

The Last Watchdog

Related: How China challenged Google in Operation Aurora. These are the foremost reasons China is ranked fourth worst globally regarding press freedoms. China has enclosed its national internet servers within what is colloquially called ‘the Great Firewall.’ We have entered a new era of cyber threats.

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LockBit on a Roll – ICBC Ransomware Attack Strikes at the Heart of the Global Financial Order

Security Affairs

The LockBit ransomware attack on the Industrial & Commercial Bank of China demonstrates the weakness of global financial system to cyberattacks. Treasury trading operations at an American subsidiary of Industrial & Commercial Bank of China Ltd. The ransomware breach that crippled U.S. trillion under management. Treasury market.

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Q&A: How China Is Exporting Tech-Based Authoritarianism Across the World

Dark Reading

The US has to adapt its own policies to counter the push, warns former DocuSign CEO and Under Secretary of State Keith Krach.

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The Not-so-True People-Search Network from China

Krebs on Security

But it’s not every day you run across a US-focused people-search network based in China whose principal owners all appear to be completely fabricated identities. DomainTools.com shows that both TruePeopleSearch and FastPeopleSearch appeared around 2020 and were registered through Alibaba Cloud , in Beijing, China. Cocofinder[.]com

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