FBI Issues Warning on China for Attempting to 'Ransack' Western Companies

Stu Sjouwerman | Jul 7, 2022

FBI Warns of Financial ExtortionBloomberg recently reported that FBI Director Christopher Wray issued a warning to Western companies that China wants to 'ransack' their IP. The goal of this attack would be to dominate key industries.

In a statement from the US Government, "China was running a “lavishly resourced hacking program that’s bigger than that of every other major country combined". The FBI Director also stated, "If China does invade Taiwan, we could see the same thing again, at a much larger scale".

China has denied all allegations and has called US the 'empire of hacking'.

Every security professional should heed this warning and take the first step to ensure your organization is safe. New-school security awareness training can teach your users how to spot any suspicious activity in their day-to-day operations. 

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