Biden administration to accuse Chinese hackers of targeting US companies in espionage campaign

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The Biden administration is preparing to publicly accuse several Chinese hackers of conducting sweeping hacks against US companies on behalf of China’s civilian intelligence service, three people familiar with the matter told CNN.

The multi-agency crackdown is expected to include criminal charges, sanctions and a multimillion-dollar reward for information on the hackers, whom the US government alleges operate at the behest of China’s powerful Ministry of State Security spy agency, the sources said. An announcement identifying the hackers with names and photos is expected as soon as Monday, the sources said.

Beijing has vigorously denied the US allegations of hacking and in turn accused the US of conducting its own hacking operations against China. The US announcement expected this week will focus on alleged Chinese cyber-espionage instead of the possible disruptive cyberattacks highlighted by Wray, according to the sources briefed on the matter.

Source: News Formal (newsformal.com)

 

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