Aloose coalition of lawmakers, nonprofits, and academics has continued to pressure the Biden administration to end the so-called China Initiative, despite the Justice Department program to thwart Chinese spies winning a key conviction last month of a high-profile Harvard professor.
The Trump administration launched the China Initiative in 2018 to preserve America’s technological edge. The program, which the Biden administration has so far continued, is designed to identify and prosecute those engaged in hacking, stealing trade secrets, and conducting economic espionage for the Chinese government on U.S. soil.
Charles Lieber, a renowned nanotechnology professor who chaired Harvard’s Chemistry Department, became one of the China Initiative’s most prominent targets. Federal prosecutors accused him of lying to government authorities about multiple links to Beijing. Read More
The U.S. won an appeal in its case to extradite Wikileaks founder Julian Assange from the United Kingdom.
The U.K.’s High Court ruled Friday that Assange could be returned to the U.S. where he will face multiple charges related to espionage and hacking, reversing a lower court’s decision blocking his extradition.
Assange’s fiancee Stella Morris said she plans to appeal the decision as soon as possible, calling the decision a “grave miscarriage of justice,” CNBC reported. Read More
National security agencies in multiple countries reportedly succeeded in hacking ransomware gang REvil, the group responsible for the cyber attack on meatpacker JBS, forcing them offline.
Tom Kellermann, head of cybersecurity strategy at cloud computing company VMWare, told Reuters that intelligence officials in multiple countries worked to stop REvil.
“The FBI, in conjunction with Cyber Command, the Secret Service and like-minded countries, have truly engaged in significant disruptive actions against these groups,” Kellermann, who serves as an adviser to the U.S. Secret Service on cybercrime investigations, told Reuters. “REvil was top of the list.” Read More
Hackers stole over $600 million in digital assets Tuesday from users of cryptocurrency platform Poly Network in one of the largest digital token heists ever.
Poly Network, a decentralized finance (DeFi) platform that allows users to trade digital currencies with one another, announced the hack Tuesday. Cybersecurity firm SlowMist, which investigated the hack, said the total value of assets stolen was $610 million. Read More