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Cyber Security

Chinese Hackers Use Canadian Law Firms as Backdoor to Client

Hackers operating behind Chinese IP addresses reportedly compromised seven Canadian law firms and the Canadian Finance Ministry and Treasury Board in an attempt to disrupt the high-profile acquisition of the Potash Corporation of Saskatchewan by the Australian mining giant BHP Billiton Ltd. The law firms in question had been handling the acquisition deal, which eventually fell through for reportedly unrelated reasons. The information likely purloined in the attacks can be worth tens of millions of dollars and, perhaps more importantly, give those who stole it an unfair advantage in deal negotiations.

Source: https://threatpost.com/chinese-hackers-use-canadian-law-firms-backdoor-client-013112/76160/

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