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More Foreign Companies Fall Victim to Hacks Originating from China

Friday, March 4, 2011

By Jane Shi
Mar. 4 – According to several news reports published in the past month, at least five multinational oil and gas companies and the financial giant Morgan Stanley have fallen victim to computer network breaches by hacker groups based in China.
The intrusions at Morgan Stanley seem to target data related to business negotiations, M&As or joint ventures, and intellectual property such as hardware designs and software code. On the other hand, the break-ins targeting the oil and

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