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    Chinese Firm Indicted in Sales to Iran | Euro News 24

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    Chinese Firm Indicted in Sales to Iran | Euro News 24

    Post by michael144/Admin on Wed Apr 08, 2009 8:17 am

    Chinese Firm Indicted in Sales to Iran | Euro News 24

    The indictment charged Li and his company with 118 criminal counts of falsifying business records, saying the company engaged in deception and fraud and used alias names and shell companies to deceive U.S. financial institutions into ... We may not be able to shut down Li's factories, but we can shine a light on his conduct and the conduct of foreign banks that permit these types of operations to flourish. The Treasury Department sanctioned LIMMT in June 2006 for its ...

    Euro News 24 - News - http://www.euronews24.org/
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    US Electric Grid Hacked By Chinese and Russian Cyberspies

    Post by michael144/Admin on Wed Apr 08, 2009 8:41 am

    US Electric Grid Hacked By Chinese and Russian Cyberspies

    Posted: 07 Apr 2009 11:17 PM PDT

    The intruders, who came from countries including China and Russia, were believed to be attempting to map the US electrical system and work out how it was controlled, according to reports in the Wall Street Journal.

    Officials said the cyberspies had not tried to damage the grid, but warned they could during a crisis or war.

    "The Chinese have attempted to map our infrastructure, such as the electrical grid," a senior intelligence official told the paper. "So have the Russians."

    The intrusion spread across the country and didn't target any specific companies or regions, a former Department of Homeland Security official said. "There are intrusions, and they are growing," the former official said, referring to electrical systems. "There were a lot last year."

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    From The Wall Street Journal

    Cyberspies have penetrated the U.S. electrical grid and left behind software programs that could be used to disrupt the system, according to current and former national-security officials.

    The spies came from China, Russia and other countries, these officials said, and were believed to be on a mission to navigate the U.S. electrical system and its controls. The intruders haven't sought to damage the power grid or other key infrastructure, but officials warned they could try during a crisis or war.

    "The Chinese have attempted to map our infrastructure, such as the electrical grid," said a senior intelligence official. "So have the Russians."

    The espionage appeared pervasive across the U.S. and doesn't target a particular company or region, said a former Department of Homeland Security official. "There are intrusions, and they are growing," the former official said, referring to electrical systems. "There were a lot last year."

    Many of the intrusions were detected not by the companies in charge of the infrastructure but by U.S. intelligence agencies, officials said. Intelligence officials worry about cyber attackers taking control of electrical facilities, a nuclear power plant or financial networks via the Internet.

    Authorities investigating the intrusions have found software tools left behind that could be used to destroy infrastructure components, the senior intelligence official said. He added, "If we go to war with them, they will try to turn them on."

    Officials said water, sewage and other infrastructure systems also were at risk.
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