Wednesday, September 18, 2024
HomeBusinessChinese hackers break into US internet companies via startup

Chinese hackers break into US internet companies via startup

China’s state-sponsored hacking campaign Volt Typhoon is exploiting a bug in a California startup to hack US and Indian internet companies, security researchers say.

Volt Typhoon has compromised four U.S. companies, including internet service providers, and another in India via a vulnerability in a Versa Networks server product, according to Black Lotus Labs, a unit of Lumen Technologies. Its assessment, much of which was published in a blog post on Tuesday, concluded with “moderate confidence” that Volt Typhoon was behind the breaches of unpatched Versa systems and said the exploit was likely ongoing.

Versa, a company that makes network configuration management software and has attracted investment from Blackrock and Sequoia Capital, disclosed the bug last week and offered a patch and other fixes.

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