• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Chinese hack of US telecoms compromised more firms than previously known, WSJ says

by January 5, 2025
written by January 5, 2025

WASHINGTON (Reuters) – A Chinese hack compromised even more U.S. telecoms than previously known, including Charter Communications (NASDAQ:CHTR), Consolidated Communications and Windstream, the Wall Street Journal reported late on Saturday, citing people familiar with the matter.

Hackers also exploited unpatched network devices from security vendor Fortinet (NASDAQ:FTNT) and compromised large network routers from Cisco Systems (NASDAQ:CSCO), the newspaper reported.

In addition to deep intrusions into AT&T (NYSE:T) and Verizon (NYSE:VZ), hackers pierced other networks belonging to Lumen Technologies and T-Mobile, according to the report.

China denied engaging in such actions and accused the United States of peddling disinformation.

There is growing concern about the size and scope of the reported Chinese hacking into U.S. telecommunications networks and questions about when companies and the government will be able to assure Americans about the issue.

The report added that U.S. national security adviser Jake Sullivan told telecommunications and technology executives at a secret White House meeting in the fall of 2023 that Chinese hackers had gained the ability to shut down dozens of U.S. ports, power grids and other infrastructure targets at will.

The Chinese-linked Salt Typhoon cyberespionage operation targeted AT&T and Verizon’s systems, but the wireless carriers’ U.S. networks are now secure as they work with law enforcement and government officials, the companies said last week in their first acknowledgment of the attacks.

Lumen said it no longer sees evidence of the attackers in its network and that no customer data was accessed. T-Mobile said it stopped recent attempts to infiltrate its systems from advancing and protected sensitive customer information from being accessed, according to the Journal.

Verizon told the newspaper that a small number of high-profile customers in government and politics were specifically targeted by a threat actor and that those people had been notified.

Vandana Venkatesh, chief legal officer at Verizon, told the newspaper that “Verizon has contained the activities associated with this particular incident.”

Cisco and Fortinet declined to comment to the newspaper.

Targets of Salt Typhoon have previously reportedly included officials connected to Democrat Kamala Harris and Republican Donald Trump’s presidential campaigns.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
United Airlines to bring Musk’s Starlink on flights by spring
next post
Israel stocks higher at close of trade; TA 35 up 0.63%

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Lawyer group urges overhaul of US bank charter...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • A flagging U.S. industry looks for new life in a Philadelphia shipyard

      July 18, 2025
    • Coca-Cola dodges after Trump says soda will switch back to cane sugar

      July 18, 2025
    • Trump says it’s ‘highly unlikely’ he will fire Fed Chair after broaching idea with GOP reps

      July 17, 2025
    • Inflation picks up again in June as tariffs slowly work their way through U.S. economy

      July 16, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (561)
    • Stock (6,426)

    Latest News

    • A flagging U.S. industry looks for new life in a Philadelphia shipyard
    • Coca-Cola dodges after Trump says soda will switch back to cane sugar

    Popular News

    • TD Bank prepares to hire compliance monitors as US CEO reassures staff
    • Canada stocks lower at close of trade; S&P/TSX Composite down 0.22%

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy