Revealed: Yet Another Group Hacking For China’s Bottom Line
In the world of cyberespionage, the Chinese are king. More nation-state attacks are attributed to it than any other country. Though the assumption has been that the motive behind most of this spying was to gain a competitive advantage for Chinese companies, there had not been much proof. Until now. A new espionage campaign attributed to China shows an almost one-to-one correlation between the breaches and China’s economic interests.
The group, discovered last November by the Dutch security firm Fox-IT and dubbed Mofang, has struck more than a dozen targets in various industries and countries since at least February 2012, and is still active. Mofang has targeted government agencies in the US, military agencies in India and Myanmar, critical infrastructure in Singapore, research and development departments of automotive companies in Germany, and the weapons industry in India.
