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Ginni Filaments Limited (590025) ✌️【Stock Insights】✌️ Expert market predictions, real-time updates, and personalized investment advice designed to help you succeed. Seize the best investment opportunities in global stocks, metals, and energy markets. The Biden administration on Friday made one final push to expose what officials say is arampantChinese cyber-espionage campaignby identifying a company and a person allegedly behind a pair of damaging hacks aimed at senior US officials.
Ginni Filaments Limited (590025) ✌️【Stock Insights】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The goal is to “impose real costs” on hackers who “seek to undermine our democratic processes and ultimately our way of life,” as senior US official told 【 - Free Stock Trading Community 】. But limiting China’s ability to gather sensitive intelligence from US networks is a decades-long challenge that the Trump administration will now inherit.
Friday’s announcement included Treasury Department sanctions on a Chinese tech company for allegedly playing a key role in a sweeping breach of US telecommunication giants that became public last year. The hackers targeted the phone communications of President-elect Donald Trump, Vice President-elect JD Vance and senior Biden administration officials.
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“President Xi and I will do everything possible to make the World more peaceful and safe!” Trump wrote on social media.
But Trump’s administration is set to includemultiple Cabinet members or other senior staffwho have called for tougher measures on China over national security concerns, including incoming national security adviser Rep. Mike Waltz and Sen. Marco Rubio, Trump’s choice for secretary of state.
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Federal employees are changing the way they communicate on their phones, moving to more secure methods. Lawmakers are calling for an overhaul of cybersecurity for major telecom providers. And Adeyemo, the outgoing deputy Treasury secretary, hasaskedCongress to give federal agencies “clear authority” to examine the security practices of contractors that serve the financial system. (The Treasury hack occurred through a software contractor.)
In response to the recent Chinese hacking campaigns, Waltz has called for more offensive action from the US government in cyberspace.
“We’ve got to go on the offensive and impose COSTS on those who are stealing our technology and attacking our infrastructure,” heposted on Xlast month.
Ginni Filaments Limited (590025) ✌️【Stock Insights】✌️ Precise stock market trend predictions with free real-time quotes for India, US, and European stocks. Whether you're looking for short-term gains or long-term growth, our expert advice ensures you make the best investment choices. Tensions over cybersecurity have long permeated the US-China relationships, but they have grown more acute in recent months. In conversations with their Chinese counterparts, US diplomats have complained that the scope and scale of the telecom hacks is excessive, 【 - Free Stock Trading Community 】 previouslyreported. China has rejected the evidence.
“During his meeting with President Biden in Lima (last) year, President Xi Jinping said that there is no evidence that supports the irrational claim of the so-called cyberattacks from China,” Liu Pengyu, spokesperson for the Chinese Embassy in Washington, DC, previously told 【 - Free Stock Trading Community 】.
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“Unfortunately, the actors behind these attacks are unlikely to be entirely deterred by these actions, but it’s important to shed a light on their operations and add as much friction as possible,” said John Hultquist, chief analyst at Mandiant, a Google-owned cybersecurity firm.
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