Source: Business Insurance

Thomson Reuters June 25, 2019 (Reuters) — Hackers broke into the systems of more than a dozen global telecom firms and stole huge amounts of data in a seven-year spying campaign, researchers from a cyber security company said, identifying links to previous Chinese cyber-espionage activities.Investigators at U.S.-Israeli cyber firm Cybereason said on Tuesday the attackers compromised companies in more than 30 countries and aimed to gather information on individuals in government, law-enforcement and politics.The hackers also used tools linked to other attacks attributed to Beijing by the United States and its Western allies, said Lior Div, chief executive of Cybereason. “For this level of sophistication it’s not a criminal group. It is a government that has capabilities that can do this kind of attack,” he told Reuters.Mr. Div later presented a step-by-step breakdown of the breach at a cybersecurity conference in Tel Aviv in the same session that the heads of U.S. and British cyber intelligence units and the head of Israel’s Mossad spy agency spoke. “Right now we’re still tracking them,” he said. “On Saturday we debriefed more than 25 different telcos, the biggest telcos in the world.”A spokesman for China’s Foreign Ministry said he was not aware of the report, but added “we would never allow anyone to engage in such activities on Chinese soil or using Chinese infrastructure.”