Announcements from major Chinese telecom companies or industry reports

U.S. Offers $10 Million Reward for Information on Chinese Cybersecurity Breach Affecting 80,000 Networks and 36 Critical Infrastructure Items

Dec 13, 2024, 01:39 AM

The U.S. Treasury Department has announced a $10 million reward for information regarding a Chinese company and its employee, who are accused of breaching the firewalls of 80,000 computer networks globally. This includes violations affecting 36 critical infrastructure items in the United States. The extent of the damage from these cyber intrusions was highlighted by the counterintelligence director, as Congress continues to investigate the activities of Chinese cyber spies, emphasizing that all members of the committee are potential targets. Additionally, reports indicate that the Chinese telecom sector is preparing for significant developments amid these cybersecurity concerns.