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China’s Hackers to Target U.S. Entertainment Industry, Security Firm Warns


From: InfoSec News <alerts () infosecnews org>
Date: Fri, 14 Mar 2014 08:50:48 +0000 (UTC)

http://variety.com/2014/digital/news/chinas-hackers-to-target-u-s-entertainment-industry-security-firm-warns-1201131720/

David S. Cohen
Senior Editor, Features
Variety.com
March 13, 2014

A new report from cybersecurity firm FireEye warns that the U.S. film and entertainment industries could come under cyberattack from Chinese hackers intent on undermining companies’ content, technology and internal communications.

“China’s Soft Power Strategy and Cyber Intrusions: What Hollywood Should Know,” due to be officially published next week, posits that Chinese authorities see U.S. domination of filmed entertainment as a strategic advantage for America, and want that advantage for China.

“We judge that links between China’s soft power strategy (in this case, their cultural means of influence) and its designation of ‘creative industries’ as strategic, provides the motivation for groups to commit cyber espionage,” says the report.

Of course, FireEye sells threat protection and stands to gain financially if the entertainment industry invests in cyber-security.

But cybersecurity expert Hemanshu Nigam, founder of SSP Blue, says China’s cyber threat to the entertainment industry is already well known. “When your’e doing business with a country or company that has very different beliefs than the American value system, there’s always a chance this kind of thing can happen,” Nigam told Variety.

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