The global economy may now be teetering on verge of collapse largely because cyberespionage issues that were either ignored or quietly swept under the rug are now starting to have a major impact on a larger debate over fair trade.Cyberespionage issues that were either ignored or quietly swept under the rug are now starting to have a major impact on a larger debate over fair trade.Click To Tweet
This week the United States formally indicted two hackers allegedly based in China for compromising the integrity of unidentified managed service providers (MSPs) that had offices in the New York City area. The alleged hack involved a successful phishing attack that resulted in MSPs providing the cybercriminals with access to thousands of downstream customer networks. Other reports suggest that the attack outlined in the indictment is actually part of a larger pattern of attacks aimed at MSPs.
Mike Vizard has covered IT for more than 25 years, and has edited or contributed to a number of tech publications including InfoWorld, eWeek, CRN, Baseline, ComputerWorld, TMCNet and Digital Review. He currently blogs for IT Business Edge and contributes to CIOinsight, The Channel Insider, Programmableweb and Slashdot. Mike also blogs about emerging cloud technology for SmarterMSP.