Symantec claims new cyberattack targets chemical firms
At least 48 chemical and defence companies were victims of a coordinated cyberattack that has been traced to a man in China, according to a new report from security firm Symantec Corp.
Computers belonging to these companies were infected with malicious software known as 'PoisonIvy', which was used to steal information such as design documents, formulas and details on manufacturing processes, Symantec said on Monday.
It did not identify the companies, but said they include multiple Fortune 100 corporations that develop compounds and advanced materials, along with businesses that help manufacture infrastructure for these industries. The bulk of the infected machines were based in the United States and United Kingdom, Symantec said, adding that the victims include 29 chemicals companies, some of which developed advanced materials used in military vehicles.