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Cases of China-Backed Spy Groups Using Ransomware Come to Light

The line between state-sponsored cyber attackers and financially motivated cybercriminals is blurring, with evidence of these groups sharing tools and techniques. Security firms Trend Micro and Orange Cyberdefense have reported incidents where China-linked espionage tools, PlugX and ShadowPad, were used in ransomware attacks across Europe, Asia, the Middle East and South America. Experts noted the deployment of ransomware after cyberespionage tools was unexpected, leading to questions of how this potential convergence could impact global security.

Source: securityboulevard.com –

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