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ISMG Editors: Chinese Hackers Raise Stakes in Cyberespionage – Source: www.databreachtoday.com

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Source: www.databreachtoday.com – Author: 1

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Also: AI Safety Bill Vetoed, Global Ransomware Response Guide Gets Some Revisions

Anna Delaney (annamadeline) •
October 11, 2024    

ISMG Editors: Chinese Hackers Raise Stakes in Cyberespionage
Clockwise, from top left: Anna Delaney, Tony Morbin, Rashmi Ramesh and Mathew Schwartz

In the latest weekly update, ISMG editors discussed the implications of the U.S. investigation into Chinese hackers targeting telecom wiretap systems, the catastrophic risks of AI and the recent veto of an AI safety bill in the U.S., and the latest global ransomware response guidance.

See Also: Critical Condition: How Qilin Ransomware Endangers Healthcare

The panelists – Anna Delaney, director of productions; Tony Morbin, executive news editor for the EU; Rashmi Ramesh, assistant editor for global news; and Mathew Schwartz, executive editor for DataBreachToday and Europe – discussed:

  • How the U.S. government is investigating Chinese state-sponsored hackers for breaching major telecom providers’ lawful wiretap systems in an espionage operation targeting U.S. surveillance efforts;
  • How legislation like the recently vetoed AI safety bill in California fits into balancing the push for AI innovation with the need to manage “catastrophic” risks;
  • How the new ransomware guidance from the International Counter Ransomware Initiative, which advocates for faster incident reporting, expert involvement and discouraging ransom payments, could reshape how organizations respond to ransomware attacks.

The ISMG Editors’ Panel runs weekly. Don’t miss our previous installments, including the Sept. 27 edition on whether Microsoft can regain trust in its security and the Oct. 4 edition on Russian cybercrime syndicates under siege.

Original Post url: https://www.databreachtoday.com/ismg-editors-chinese-hackers-raise-stakes-in-cyberespionage-a-26515

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