#CyberSpaceWar, Uncategorized

Apple, Facebook, Twitter Hacks Said To Hail From Eastern Europe

Cyber Hacking Likely From Europe, Not China
from cnet.com: While many security experts have been pointing the blame at China for the recent wave of cyberattacks on U.S. companies and newspapers, Bloomberg reports that some of the malware attacks actually may be coming from Eastern Europe.

Investigators familiar with the matter told Bloomberg they believe a cybercriminal group based in either Russia or Eastern Europe is carrying out the high-level attacks to steal company secrets, research, and intellectual property, which could then be sold on the black market.

Evidence that the attacks may be coming from Eastern Europe is the type of malware being used by the hackers, which is more commonly used by cybercriminals than by government spying. Also, investigators have tracked at least one server being used by the hackers to a Ukrainian hosting company.

Roughly 40 companies have been victims of cyberattacks over the past several months. These companies included tech businesses, such as Apple, Facebook, and Twitter, and newspapers, such as The New York Times, the Wall Street Journal, and the Associated Press.

#PumpUpThaVolume: August 3, 2020