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Multinational Energy Companies Infiltrate By Chinese Hackers: McAfee

|Includes: DuPont de Nemours, Inc. (DD), NDAQ

A new report from computer security firm McAfee has identified five multinational oil and gas companies, whose networks were broken into by Chinese hackers, most probably with an intention to steal bidding plans and other important proprietary information. The attacks, collectively labeled Night Dragon, were reportedly not the most sophisticated among hacking attempts but nevertheless managed to attain their end. Accessing the computer systems of targets either through infected emails sent to employees or their public websites, the infiltrators continued to extract financial documents related to oil and gas field exploration, bidding contracts, and copied proprietary industrial processes over a sustained period of two to four years.