News

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

Ways to Help You Enforce Trading Discipline
Dell (DELL) and Starbucks Corp (SBUX): 7/1/25 Bull & Bear
: Is Gold Finally Topping? Too Late to Buy Gold?
Day Trade vs Swing Trade vs Long Term Investing in Penny Stocks
How to invest in bear market?