Chinese-Based Hackers Alleged to Have Stolen $20M in COVID-19 Relief Fraud Schemes

Robinson+Cole Data Privacy + Security Insider
Contact

According to NBC News and Reuters, the United States Secret Service confirmed that hackers from APT41, a criminal cyber-hacking group linked to the Chinese Communist Party, stole “at least $20 million in U.S. Covid Relief benefits, including Small Business Administration loans and unemployment insurance funds in over a dozen states.”

According to the report, Chinese hackers were also behind other large data breaches that provided access to millions of Americans’ personal information to be “used by China for espionage purposes.” In addition, testimony before Congress has included that “every adult American has had all or most of their personal data stolen by the Chinese government.”

The Secret Service is diligently working to recapture the funds and has stated that it has “recovered about half of the stolen $20 million in the APT41 case.”

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Robinson+Cole Data Privacy + Security Insider | Attorney Advertising

Written by:

Robinson+Cole Data Privacy + Security Insider
Contact
more
less

Robinson+Cole Data Privacy + Security Insider on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide