House panel: 2 Chinese Firms Pose IT Security Risks. Committee: U.S. Should stop doing business with Huawei, ZTE because of long-term IT security risks. Chairman of the House Permanent Select Committee on Intelligence worries Chinese government could be using communications products to pilfer classified information and trade secrets. Huawei and ZTE strongly denied any suggestion the companies would allow the Chinese government to use its equipment to spy on American institutions. Huawei, in a statement, says the committee’s report contains many rumors and speculation to prove non-existent accusations.”]
Source: https://www.bankinfosecurity.com/house-panel-2-chinese-firms-pose-security-risks-a-5176