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Chinese Hacking Group Targeting U.S. Agencies, Firms: Analysts

  • Writer: By The Financial District
    By The Financial District
  • Oct 4, 2022
  • 2 min read

An elite Chinese hacking group with ties to operatives indicted by a US grand jury in 2020 has surged its activity this year, targeting sensitive data held by companies and government agencies in the US and dozens of other countries, according to an expert at consulting giant PricewaterhouseCoopers (PwC), Sean Lygrass reported for CNN.


Photo Insert: It is believed that attackers have been successful in breaching at least some organizations because they operate on a vast scale, targeting organizations in at least 35 countries this year alone.



The findings highlight the biggest cyber-espionage challenge facing the Biden administration: combating a Chinese hacking program that the FBI has called more prolific than that of all other governments in the world combined.


The Justice Department has aggressively sought to expose the alleged data-stealing campaigns through indictments and made the case that Chinese hackers have robbed American companies of intellectual property, causing huge losses.



But China-based hackers have often developed new tools or otherwise altered their operations, according to analysts.


One of the Chinese groups tracked by PwC has targeted dozens of US organizations in the last year, including government agencies and software or tech firms, said Kris McConkey, who leads PwC’s global cyber threat intelligence practice.


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The intruders often comb networks for data that could offer insights into foreign or trade policy, he said, but also dabble in cryptocurrency schemes for personal profit. He declined to detail what types of US government agencies, whether at the federal, state, or local level were targeted.


“They are, by far, the most active and globally impactful [hacking group] that we track at the minute,” McConkey, who closely follows China-based hackers, told CNN.


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He believes the attackers have been successful in breaching at least some organizations because they operate on a vast scale, targeting organizations in at least 35 countries this year alone.


McConkey traced part of the activity to an ostensibly legitimate cybersecurity company based in the Chinese city of Chengdu, but he stopped short of publicly connecting the hacking to the Chinese government. US officials have for years accused China of using front companies to conduct hacking that feeds the government’s sprawling intelligence collection efforts.





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