The US and its Allies Accuse China of Global Crypto-Jacking and Cyber Hacking

2021-7-20 17:55

The United States and some of its allies have accused the Chinese government of a global cyber hacking campaign.

On Monday, the US was joined by NATO, the European Union (EU), Britain, Canada, Australia, New Zealand, and Japan to blame China's Ministry of State Security “with official confidence,” according to a White House fact sheet.

The accusation comes a month after NATO and G7 leaders agreed with US President Joe Biden that China poses systemic challenges to the world.

“The United States and our allies and partners are exposing further details of the PRC's (People's Republic of China's) pattern of malicious cyber activities and taking further action to counter it,” the US senior administration official said.

The Microsoft attack disclosed earlier this year to hackers working with Beijing was explicitly pointed out by the governments. Microsoft has already accused China of this.

China has previously said that they are also a victim of hacking and opposes all cyberattacks.

The governments will accuse Chinese-affiliated actors with “cyber-enabled extortion, crypto-jacking, and theft from victims around the world for financial gain,” the official said. “We're not ruling out further action to hold the PRC accountable.”

The post The US and its Allies Accuse China of Global Crypto-Jacking and Cyber Hacking first appeared on BitcoinExchangeGuide.

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