CHICAGO— A former software engineer for CME Group who pleaded guilty in 2012 to stealing source code to create a similar program in China won't spend any time in prison. Chunlai Yang of Libertyville was sentenced Tuesday to four years of probation for stealing software that underpinned the CME Group's Globex trading platform. Prosecutors said the 50-...» Read More
LONDON, Feb 8- British bank HSBC Holdings Plc admitted on Sunday failings by its Swiss subsidiary, in response to media reports it helped wealthy customers dodge taxes and conceal millions of dollars of assets. HSBC said that its Swiss arm had not been fully integrated into HSBC after its purchase in 1999, allowing "significantly lower" standards of compliance...
CNBC's Eamon Javers reports a new computer virus has been discovered by Symantec that's being called one of the most sophisticated pieces of malware ever seen.
WASHINGTON, Nov 20- U.S. lawmakers should look into options for punishing cyber-spying and the theft of trade secrets from U.S. companies, a congressional advisory committee on China said on Thursday. Congress should ask U.S. trade officials to report on whether they had power to sanction companies that benefited from stealing trade secrets, the U.S.-China...
LONDON, Oct 14- Banks are fighting an uphill battle to protect themselves and their client accounts from cyber attacks, and the sometimes careless use of social media by customers and staff isn't making the fight any easier. Personal details from sites such as Facebook, Twitter and LinkedIn are also being used by fraudsters to scam customers, including to help in...
*Taiwan gov't investigating phones' data transmission to China. The government began performing independent tests on Xiaomi phones after reports in recent months that some models automatically send user data back to the firm's servers in mainland China, Gin-Shian Lou, a director at Taiwan's National Communications Commission, said on Wednesday.
TAIPEI, Sept 24- The Taiwanese government is investigating whether Xiaomi Inc, China's leading smartphone company by domestic shipments, is a cyber security threat and will make a decision within three months.
Iranian hackers created false social networking accounts and a fake news website to spy on leaders in the United States, Israel and other countries.
CNBC's Scott Cohn reports on the 31-count, 56-page grand jury indictment from the DOJ against five defendants alleged in cyber-espionage.
The U.S. Justice Department has filed its first ever cyber-espionage charges against five operatives from a Chinese military operation known as "Unit 61398." Marc Zwillinger, ZwillGen founder, provides perspective.
The U.S. has charged China with cyberspying on U.S. firms. Kevin Mandia, FireEye COO, explains how he caught the Chinese government red-handed stealing American trade secrets. Peter Kiernan, author of "Becoming China's Bitch," provides perspective.
CNBC's Scott Cohn reports the five defendants in the case which the U.S. alleges cyberspying, were all part of The People's Liberation Army, allegedly the most prolific hacking operation of the Chinese military.
China's foreign ministry says the allegations of cyber-espionage are made up, reports CNBC's Scott Cohn.
The Justice Department has filed the first ever cyber-espionage charges against Chinese government officials. CNBC's Scott Cohn reports the charges accuse officials of using military and intelligent facilities to steal trade secrets from American energy and manufacturing companies.
The NSA's Keith Alexander wants Russia to return Internet leaker Edward Snowden returned to the U.S. reports CNBC's Eamon Javers.
Washington is pressing Moscow to expel former U.S. spy contractor Edward Snowden, reports CNBC's Eamon Javers.
CNBC's Scott Cohn reports a grand jury has indicted executives at Kolon Industries on charges of stealing corporate secrets from DuPont.
Lawmakers are warning U.S. companies not to do business with two of the world's largest telecommunications equipment makers.
In a nationwide advertising campaign that includes bus shelters, billboards and a website, the FBI is targeting corporate espionage — and encouraging employees of American corporations to be wary of spies in their midst.
Hackers in China broke through the computer defenses of the U.S. Chamber of Commerce last year and were able to access information about its operations and its 3 million members, the Wall Street Journal reported on Wednesday.