Three Chinese citizens were charged with hacking the computer networks of Moody’s Analytics , Siemens and Trimble in an effort to steal trade secrets, the U.S. Justice Department said Monday. The three, Wu Yingzhuo, Dong Hao and Xia Lei, were indicted for actions that allegedly took place between 2011 and 2017. “The Justice Department and the FBI have demonstrated that hackers around the world who are seeking to steal our companies’ most sensitive and valuable information can and will be exposed and held accountable,” said acting Assistant Attorney General Dana Boente. Typically, the hackers would use emails that could give them access to private networks if the recipients opened the messages. The goal was to steal confidential business information, the indictment alleged.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News