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Archive for November, 2016

China defends Chinese takeovers of German firms

Chinese Vice Premier Liu Yandong on Thursday defended efforts by Chinese companies to take stakes in German companies, saying such deals benefitted both sides. “Concerns about a ‘sell-off of Germany’ are completely unfounded,” Liu told Germany’s Handelsblatt newspaper days after news that US authorities had recommended blocking the sale of German chip equipment maker Aixtron […]

Spyware found in low-cost Chinese phones

For about $50, you can get a smartphone with a high-definition display, fast data service and, according to security contractors, a secret feature: a backdoor that sends all your text messages to China every 72 hours. AB: The original heading for this was “Secret Backdoor in Some U.S. Phones Sent Data to China, Analysts Say” […]

Cybersecurity Law aims to ‘protect people’s interests’

Cybersecurity and related issues have been hot topics among internet and judicial experts since China’s first Cybersecurity Law was adopted earlier this month. The law and its related topics, including how to put coordination of government departments into practice and how to review products and services before they are made available on the internet, will […]

Chinese hackers clean up at PwnFest contest

Chinese cyber security contestants from Qihoo 360 were crowned “Lords of Pwn” at last week’s PwnFest in South Korea. PwnFest is a newly-launched vulnerabilities pwning contest run by South Korean cyber security conference organizer, the Power of Community (POC). Supported by Microsoft, Google, Apple, Adobe and VMware, the contest provides valuable information to the companies […]

Hong Kong researchers develop OAuth exploit

Third-party applications that allow single sign-on via Facebook and Google and support the OAuth 2.0 protocol, are exposed to account hijacking. Three Chinese University of Hong Kong researchers presented at Black Hat EU last week a paper called “Signing into One Billion Mobile LApp Accounts Effortlessly with OAuth 2.0.” The paper describes an attack that […]

Chinese whitehats awarded at international cyber conference

Qihoo 360 Vulcan team receives an award from Microsoft Edge bug exploiting and pwning during the POC 2016 held on Nov 10, 2016 in Seoul, South Korea. [Photo provided to chinadaily.com.cn] White hats from Qihoo 360 Technology Co have showcased the latest bug-fixing improvements at an international hackers conference. Organized by South Korean hackers and […]

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China adopts cybersecurity law to protect national security, citizens’ rights

China’s top legislature on Monday adopted a cybersecurity law to safeguard sovereignty on cyberspace, national security and the rights of citizens. The government will take measures to “monitor, defend and handle cybersecurity risks and threats originating from within the country or overseas sources, protecting key information infrastructure from attack,intrusion, disturbance and damage,” the law states. […]

China cybersecurity law likely to harm foreign firms operating on mainland, says Asia finance body chief

The chief of one of Asia’s most prominent financial trade bodies said on Tuesday new cybersecurity legislation in China could make it harder for foreign companies operating in the country to manage risk as threats increasingly span across borders. Mark Austen, chief executive of the Asia Securities Industry and Financial Markets Association, told a forum […]

Foreign hackers in China’s sights with proposed changes to cyber law

Beijing has proposed a revised internet law to punish foreigners who hack Chinese websites as it steps up its campaign against cyberattacks it blames on the West. Although it was hard for governments to identify those behind cybercrimes, the move paved the way for China to take legal action against other states, analysts said. The […]

China adopts new cybersecurity law

The Shanghaiist coverage of China’s new cyber security law: In yet another move to crack down on anti-government sentiment in society, the Standing Committee of China’s top legislature passed a revised cybersecurity law on Monday that has once again generated controversy worldwide. The third and final draft of this law emerged at end of the […]