Live news: First Citizens Bank cuts 500 ex-Silicon Valley Bank staff

Microsoft has warned that a state-sponsored Chinese hacking group has compromised “critical” communications infrastructure in the US in order to disrupt transmissions in the event of any future conflict between the superpowers.

In a rare announcement about a systems breach, the US technology giant said the hackers, codenamed “Volt Typhoon”, have operated since mid-2021. They have been able to infiltrate organisations across a number of industries by exploiting vulnerabilities in a popular cyber security platform called FortiGuard, Microsoft said.

“In this campaign, the affected organisations span the communications, manufacturing, utility, transportation, construction, maritime, government, information technology, and education sectors,” Microsoft said.

Articles You May Like

Why America’s economic policy muddle matters
Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit
Oil surges after Saudi Arabia pledges production cut
Texas private school vouchers stall as other states enact laws
Taylor Swift’s Former Cornelia Street Rental In New York City Lists For $18 Million