Connect with us

Technology

Cybersecurity firm finds more spyware hidden in Chinese tax software – NBC News

A security firm that found spyware hidden in Chinese tax software has a new report shedding more light on how Western firms in China are targeted for espionage.

post featured image
ADVERTISEMENT

WASHINGTON A security firm that last month highlighted spyware hidden in Chinese tax software issued a new report Tuesday shedding more light on how Western companies doing business in China are targeted for industrial espionage.
Analysts at cybersecurity firm Trustwave say they have discovered a new type of malware they say was embedded in sales tax software a different, older malicious tool than the previous one they found.
In June, Trustwaves SpiderLabs reported on malware they called GoldenSpy, which was hidden inside software that their client, a tech firm with ties to the U.S. defense industry, was required to install to pay local taxes. The malware secretly installed a back door that gave attackers complete access to the companys networks, Trustwave reported.
Get breaking news and insider analysis on the rapidly changing world of media and technology right to your inbox.
On Tuesday, Trustwave highlighted a different piece of spyware they are calling GoldenHelper, which they say was hidden in different tax software required by Chinese banks for payment of value-added taxes. It, too, opened users to hackers, who could secretly steal corporate secrets.
“The new malware is entirely different from GoldenSpy, although the delivery modus operandi is highly similar,” the report says.
Click here to read the report.
The report says the GoldenHelper malware campaign was active in 2018 and 2019 before abruptly ending in July 2019. It was hidden in what is known as Golden Tax Invoicing Software, which was required of companies to help account for and pay value-added taxes, a form of sales tax, the report says.
Since the publication of the report on GoldenSpy, Trustwave said it discovered that a program had been inserted into the tax software that erased all traces of the malware.
“Whoever is behind GoldenSpy is currently scrambling to erase all traces of it,” said the firm, which did not name affected clients, as is customary in the cyber security industry.
Trustwave did not formally point fingers at who they believe is behind the spyware, except to say it had the hallmarks of a nation-state campaign.
U.S. intelligence officials say the Chinese government relentlessly siphons corporate secrets from Western companies, a charge China denies.

Click here to view the original article.

Continue Reading
Advertisement

Trending Now

New Mexico News5 mins ago

State address COVID-19 antibodies

ADVERTISEMENT NEW MEXICO (KRQE) – As vaccine mandates become more widespread, some are wondering why they should get the vaccine if...

New Mexico News19 mins ago

‘History in real time’: Farm & Ranch Heritage Museum exhibit showcases modern-day women in agriculture

ADVERTISEMENT Illustration by Cathryn Cunningham/Albuquerque Journal Farm and ranch life is fruitful but difficult. New Mexico’s agricultural footprint spans centuries....

New Mexico News30 mins ago

Oldest known human footprints in North America discovered at White Sands

ADVERTISEMENT “These incredible discoveries illustrate that White Sands National Park is not only a world-class destination for recreation but is…...

New Mexico News35 mins ago

Sports Desk: Isotopes final homestand comes with a special incentive

ADVERTISEMENT NEW MEXICO (KRQE) – The Albuquerque Isotopes are back in the Duke City for their final homestand of the season....

New Mexico News50 mins ago

Finding ‘shared humanity’: ‘Dear Evan Hansen’ movie aims to keep inspiring audiences after success of Broadway show

ADVERTISEMENT Kaitlyn Dever, left, and Ben Platt in “Dear Evan Hansen.” (Courtesy of Universal Pictures) “Dear Evan Hansen” is a...

New Mexico News53 mins ago

Funeral services (Updated Sept. 23)

ADVERTISEMENT Services Click Here to View Obituaries • Kathryn Alexander, 59, of Clovis died Sept. 18. Services are under the...

New Mexico News1 hour ago

Lost urn found in Belen

ADVERTISEMENT BELEN N.M. – A woman in Belen found an urn filled with ashes partially buried in her backyard. Lexus...

New Mexico News1 hour ago

Editorial: Burrito saga poor way to unwrap hard job APD does

ADVERTISEMENT Question: When can an Albuquerque police officer eat a burrito while driving a police cruiser? Answer: Not while trying...

Advertisement

You might also like ...

Article feature image
Windows 11 setup warns that you aren’t “entitled” to updates on unsupported PCs – Ars Technica
Article feature image
Apple releases iOS 12.5.5 for older iPhones and iPads with ‘important security updates’ – 9to5Mac