Breaking: China allegedly hacked American companies for trade secrets

China

An exclusive report from Reuters has just confirmed that China’s Ministry of State Security carried out several hack attacks on many American companies to steal trade secrets.

In an operation called ‘Cloud Hopper‘ executed the hacking of ‘eight of the world’s biggest technology service providers were hacked by Chinese cyberspies in an elaborate and years-long invasion’ said the Reuters report.

The knowledge of the hacking by the U.S. could have fueled President Donald Trump’s recent onslaught of tariff imposition on China as well as its expansive ban on China’s Huawei Technologies Co Ltd for being close to the Chinese Communist Party, with suspicions of possible back doors in its 5G next-generation telecommunication network equipment.

The report which has named the likes of IBM and Hewlett Packard Enterprise (HPE) as major targets said other major American tech companies were targeted by the Chinese hackers including Fujitsu, Tata Consultancy Services, NTT Data, Dimension Data, Computer Sciences Corporation and DXC Technology, HPE’s spun-off services arm.

Reuters also claimed in the official report that the Chinese hackers went beyond the above-named technology providers. The report said clients of these tech companies have also discovered they were hacked in the operation including -Sweden’s Ericsson, U.S. Navy shipbuilder Huntington Ingalls Industries and as well as aviation software company, Sabre Corporation.

In response to the allegations, China’s Chinese Foreign Ministry denied all accusations saying: “The Chinese government has never in any form participated in or supported any person to carry out the theft of commercial secrets.”

While HPE denied it had any impact from the attacks, the company said is had “robust security measures in place”
and there was no “experienced a material impact”.