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Chinese Hackers Breach U.S. Commerce Secretary’s Emails, Escalating Tensions with China | by Tech Daily | Jul, 2023


The hack of Gina Raimondo’s email account highlights the growing threat of cyber espionage from China and the need for stronger international cooperation to combat it.

Credits from asviral.com

Chinese hackers successfully gained access to a U.S. official’s email account in a serious cybersecurity compromise.

Gina Raimondo, Secretary of Commerce.

The attack, which took use of a flaw in Microsoft’s Exchange Server software, went unnoticed for several months before being discovered in May 2023.

The hackers, who are thought to be representing the Chinese government, obtained unlawful access to Raimondo’s emails, possibly exposing private data about trade policy, export restrictions, and China policy.

About government network security, cyber espionage, and the wider ramifications of cyber warfare, this hack exacerbates the already tense ties between the United States and China.

Credits from i.huffpost.com/

Relations between the United States and China are likely to be significantly impacted by the breach of Raimondo’s emails.

This event adds to a growing number of prior accusations that China is participating in cyber espionage, something the United States has regularly accused China of doing.

Tensions between the two countries may increase if the U.S. government responds by enacting penalties or expelling Chinese officials.

This episode highlights the urgent necessity for strong diplomatic measures to combat cyberattacks and set up distinct parameters for appropriate activity in cyberspace.

Credits from images.techhive.com

China’s cyber espionage against the United States has a long and well-documented history.

Chinese hackers have attacked a variety of government organizations, defense contractors, technology companies, and academic institutes in recent years.

Their goals include acquiring sensitive information as well as stealing intellectual property and getting tactical advantages.

Despite the Chinese government’s persistent denials of involvement in these operations, there is growing evidence that China is frequently the source of state-sponsored cyberattacks.

This historical backdrop emphasizes the ongoing difficulties the United States has in protecting its networks from…

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Forbes Daily Newsletter: Malware Dealer Unmasked


Good morning,

Friday is here, and we have your headlines: Summer travel planning is in full swing; here are tips on avoiding scams. The identity of a notorious malware dealer was exposed, a first for the PGA Championship and the latest developments in last month’s murder of Cash App creator Bob Lee.

BREAKING NEWS

Disney scrapped a $1 billion plan that would have created more than 2,000 jobs in Florida, amid an ongoing culture war with Gov. Ron DeSantis, a likely Republican presidential candidate. A DeSantis spokesperson said the decision was “unsurprising” and blamed Disney’s “financial straits, falling market cap and declining stock price.”

Tech executive Nima Momeni pleaded not guilty for allegedly stabbing fellow tech executive Bob Lee to death last month in San Francisco. More details have emerged about Lee’s relationship with Momeni’s sister, as well as his lifestyle, reportedly filled with partying and drugs, according to the Wall Street Journal.

TECH + INNOVATION

The identity of “Jack,” a mysterious man who distributes malware (known as Golden Chickens) to some of the most notorious Russian cybercrime gangs, has been revealed and shared with American law enforcement, according to cybersecurity company eSentire. The company declined to share his name with Forbes, as Jack’s life may be in danger: he has a $200,000 bounty out for information on his identity, issued by another hacker who claimed he had been robbed of $1 million.

Fintech startup Ramp announced new OpenAI-powered tools for businesses to help automate customer service tasks, as well as a new slate of investors, including Microsoft CEO Satya Nadella, chief executives from Quora and Instacart, as well as Stanford AI Lab professor Chris Ré. The company wouldn’t disclose the size of its investments.

BUSINESS + FINANCE

A key Department of Labor survey could be overestimating the number of job openings by as many as 300,000, according to economists at Goldman Sachs. JOLTS, a…

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VirnetX Enters Partnership with Samsung to Resell Displays – Display Daily


VirnetX, an internet security software and technology company, has recently announced a strategic partnership with Samsung that will involve it reselling Samsung’s displays, namely the Samsung Interactive Pro.

Source: Samsung

The partnership aims to leverage the strengths of both companies, expanding Samsung’s display reach while providing VirnetX with an opportunity to diversify its product offerings and market presence. Specific details regarding the financial arrangements or product integration have not been disclosed.

This collaboration signifies the commitment of both VirnetX and Samsung to strengthen their market positions and explore new opportunities for growth. The partnership has the potential to provide additional exposure for Samsung’s displays and enhance the value proposition of VirnetX’s product portfolio in the highly competitive technology sector.

VirnetX’s Secure DNS is designed to protect users’ privacy and prevent cyber threats such as malware, phishing, and data breaches. By incorporating this technology, Samsung devices, including their displays, will be more secure, and users can have greater peace of mind when using their devices for various online activities.

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