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Industry News: ESG5

Two Chinese Men Indicted For Hacking Anthem

2019-05-09

FinancialPost: A federal grand jury has indicted two members of “extremely sophisticated” hacking group operating from China in the 2014-2015 theft of the personal information of nearly 79 million customers of insurer Anthem Inc., the biggest known health care hack in U.S. history. The Justice Department said the two also hacked three other U.S.-based companies it did not name, one in the technology sector, the others in basic materials and communications...

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Chinese Hackers Hit 27 Universities in US, Canada: Report

2019-03-06

BusinessStandard: Chinese hackers have targetted over two dozen universities in the US and Canada in an apparent bid to steal key maritime military research, The Wall Street Journal has reported. In all 27 universities -- including the University of Hawaii, the University of Washington, Penn State and Duke University and Massachusetts Institute of Technology -- were found to have been hit by the hackers, according to a report by cyber security firm iDefense which was accessed by The WSJ...

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Chinese And Iranian Hackers Increase Cyber Attacks On US

2019-02-18

Telegraph: Businesses and government agencies in the United States have been targeted in aggressive attacks by Iranian and Chinese hackers who security experts believe have been energized by President Trump’s withdrawal from the Iran nuclear deal last year and his trade conflicts with China...

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Hong Kong Banks Must Step Up Cybersecurity, Protect Customers’ Data as Online Scams Multiply, Warns Industry Leader

2019-02-13

SouthChinaMorningPost: Mary Huen Wai-yi, chairwoman of the Hong Kong Association of Banks (HKAB), said that as lenders have rolled out more digital banking services allowing customers to conduct transactions on their computers or smartphones, so the risks have multiplied. Her concerns are supported by figures from the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, which show cyberattacks on banks doubled last year. Online scams – including false banking websites, phishing emails and fake banking apps – reached 142 cases in 2018, a threefold increase from the 44 reported incidents in 2017 and a big leap from 35 a year before that...

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