Tuesday, November 28, 2017

WORLD_ Chinese Firm Behind Alleged Hacking Was Disbanded This Month

THE WALL STREET JOURNAL

WORLD - ASIA - CHINA

Chinese Firm Behind Alleged Hacking Was Disbanded This Month

Boyusec shareholders are accused of hacking into emails of a Moody’s Analytics economist and stealing information from Siemens

By Josh Chin

Nov. 28, 2017 10:04 a.m. ET

BEIJING—A Chinese internet security firm that researchers say is behind sophisticated attacks on Western energy and defense companies disbanded this month amid U.S. accusations that some of its shareholders were involved in hacking and theft of trade secrets.

A U.S. Department of Justice indictment unsealed Monday alleged that three Chinese nationals hacked into the emails of a Moody’s Analytics economist and stole confidential business information from German engineering giant Siemens AG.

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READ MORE: https://www.wsj.com/articles/chinese-firm-behind-alleged-hacking-was-disbanded-this-month-1511881494


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