China’s APT10 state hackers targeted Taiwanese financial firms

State-sponsored attackers from China conducted a two-month campaign against Taiwanese financial services firms, according to CyCraft, a security consultancy from the island nation. CyCraft’s analysis of the incident alleges that the attack run started in November 2021, when the malicious actors – named as Chinese gang APT10 – used supply chain attacks to target software used by Taiwanese financial institutions.

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