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To: Elroy Jetson who wrote (2929)8/2/2019 10:25:58 PM
From: elmatador  Respond to of 13803
 
The US-China trade war is back on. That's bad news for Huawei

Hong Kong (CNN Business)The US-China trade truce is over, and that's bad news for Huawei.

US President Donald Trump's plan to slap new tariffs on Chinese goods could threaten a promised reprieve for the Chinese tech company, which has become a flashpoint in the escalating trade war.
Before Trump fired his latest salvo, there had been some expectation that he could ease restrictions on the company. Huawei, which is the world's largest telecommunications equipment maker and a leading smartphone brand, has been on a US trade blacklist since May.

But the decision to reignite the trade war with a 10% tariff on $300 billion worth of Chinese goods from September 1 — effectively a tax on all goods from China that come into the United States — throws any respite into question.

"[T]his escalation increases the risk that Trump reneges on his pledges to save Huawei," analysts at the Eurasia Group wrote in a note Friday morning.

Washington's trade blacklist bars American firms from selling tech and software to Huawei unless they get a license to do so. The United States says the company is a national security concern, and claims it engages in activities that run counter to US foreign policy interests. Huawei denies that is the case, and says that none of its products pose a national security risk.
Trump said in June that he would relax some of those restrictions — a concession to Beijing, and potentially relief for some of Huawei's suppliers, such as Google ( GOOGL), Intel ( INTC) and Qualcomm ( QCOM). US Commerce Secretary Wilbur Ross said Tuesday that the government could begin responding next week to requests for licenses to resume sales to Huawei, according to a Reuters report.
While Trump didn't mention Huawei in any of his latest trade tweets, his tariff announcement could complicate that plan. His broadside followed an uneventful round of talks in Shanghai, where the president heard there were no concrete promises from China to purchase American agricultural products.
"Unless China restarts agricultural purchases soon, he will have little to show for a move that is deeply unpopular with China hawks," the Eurasia Group analysts wrote, in reference to the proposed relief for Huawei. "And if Trump backs away from promises to issue licenses to Huawei's US suppliers, the odds of negotiations breaking down and tariffs being imposed rises."

Huawei declined to comment on Friday.
The company has acknowledged that the ban is hurting its business. Overseas smartphone sales plunged 40% after the trade ban, founder Ren Zhengfei said in May.
And during an earnings presentation Tuesday, Huawei Chairman Liang Hua said the company will continue to "face difficulties" in the second half of this year and next year.
Still, Huawei touted its growth. Liang said its 5G business — in which the company is a global leader — is strong. Analysts, however, have said the US campaign against Huawei could slow its global rollout of 5G.

Liang added that Huawei has recovered some of the overseas sales it lost after the US ban went into effect. But if Trump doesn't relax restrictions on the Chinese firm, that could rekindle consumers' concerns over buying Huawei smartphones and create uncertainties for mobile operators that sell the devices. The ban has prevented companies like Google from supplying new Huawei devices with its version of the Android operating system and popular apps like Gmail and Google Maps.
The Huawei ban threatens American businesses, too. Chipmakers have asked the Trump administration to allow sales to Huawei to resume.
Earlier this week, Qualcomm and AMD ( AMD) said that sales plummeted last quarter, in part because they couldn't sell chips to Huawei.



To: Elroy Jetson who wrote (2929)8/4/2019 11:06:01 AM
From: elmatador1 Recommendation

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Elroy Jetson

  Read Replies (1) | Respond to of 13803
 
APT10: What do we know about the alleged Chinese hacking group?

According to the US Justice Department, two Chinese men and their associates have been hacking into state and commercial computer networks for more than a decadeList of victims reads like a who’s who of the global economy, FBI director says

The United States has charged two Chinese men with orchestrating cyber hacking attacks against scores of companies and government agencies in the US and around the world for more than a decade.

According to the US Department of Justice, Zhu Hua and Zhang Shilong acted on behalf of the Chinese Ministry of State Security in coordinating espionage activity through a hacking group known as APT10, to steal trade secrets and technologies from at least 12 countries.

Beijing responded to the charges by accusing Washington of cyber hacking, but what do we actually know about the case?



US’ cyber hacking claims fabricated, says Beijing as Chinese duo face charges



Who are the alleged hackers?

APT10 – or Advanced Persistent Threat 10 – is the name given to a group of Chinese hackers first identified by US cybersecurity firm FireEye.

Widely known within the cybersecurity community, the group is one of several that share the “APT” tag, indicating their willingness to pursue targets over long periods of time. APT10 also goes by the names “Red Apollo” and “Stone Panda”.

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According to FBI director Christopher Wray, Zhu and Zhang acted on behalf of China’s state security bureau from a base in Tianjin, a major port city about 130km (80 miles) southeast of the capital Beijing.

The indictment said the pair worked for Huaying Haitai Science and Technology Development Co, a company described by an online Chinese business directory as being involved in the development of e-commerce websites and network operations.

The FBI said Zhu and Zhang are believed to be in China but it will seek their arrest if they ever leave the country.

What is APT10 accused of doing?

The group is said to have engaged in multiple hacking campaigns into computer systems around the world since at least as early as 2006, two of which were specifically referred to in the indictment.

The first, known as the “Technology Theft Campaign”, began in or about 2006 and involved the group gaining access to the computer networks of more than 45 technology companies and US government agencies, in order to steal information about various technologies.



China accused by US and allies of ‘massive hacking campaign to steal trade secrets and technologies’



The group is said to have taken “gigabytes of sensitive data” from firms involved in the fields of aviation, space and satellite, manufacturing, pharmaceuticals, oil and gas exploration, communications, computer processor and maritime, it said.

Among the government targets of the hacking campaign were the NASA Goddard Space Centre and Jet Propulsion Laboratory and the US Department of Energy’s Lawrence Berkeley National Laboratory, the indictment said.

The group also compromised more than 40 computers belonging to the US navy, and stole the personal information of more than 100,000 personnel.



According to the FBI, Zhu and Zhang acted on behalf of China’s state security bureau. Photo: AP
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More recently, beginning in or about 2014, APT10 engaged in an intrusion campaign to obtain unauthorised access to the computer networks of managed service providers (MSPs) for businesses and governments around the world.

Over the course of the “MSP Theft Campaign” the group accessed computers providing services to or belonging to victim companies in at least 12 countries, namely Brazil, Britain, Canada, Finland, France, Germany, India, Japan, Sweden, Switzerland, the United Arab Emirates, and the United States.



Japan condemns China-based cyberattacks, urges Beijing to take ‘responsible’ action



According to the indictment, the victim companies were involved in the fields of global finance, telecommunications, consumer electronics, manufacturing, healthcare, biotechnology, mining, automotive supplies and drilling.

While the document did not identify specific companies, a Reuters report cited multiple sources as saying the hackers breached the networks of Hewlett Packard Enterprise and IBM, then used the access to hack into their clients’ computers and steal data.

“The list of victim companies reads like a who’s who of the global economy,” Wray said.



APT10 is accused of engaging in an intrusion campaign in 2014 to obtain unauthorised access to the computer networks of managed service providers around the world. Photo: EPA-EFE
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So who knew about APT10?

Cybersecurity analysts have been following the activities of the alleged hackers for many years, but the first public reference to APT10 was made by FireEye in a 2013 report.

Titled “Poison Ivy”, the report identified APT10 as an affiliate domain name to “menuPass”, a group that was known to have been targeting US and other defence contractors since at least 2009.

In 2017, PwC’s cybersecurity practice and British multinational defence company BAE Systems published a report, in cooperation with Britain’s National Cyber Security Centre, that claimed to have uncovered a hacking campaign – “Operation Cloud Hopper” – led by APT10.

The report said members of the group targeted MSPs so they could gain access to the intellectual property and sensitive data of their clients around the world.

According to the US indictment, Zhu and Zhang have been charged with conspiracy to commit computer intrusions, conspiracy to commit wire fraud, and aggravated identity theft.