China-Backed Cyber Espionage Group APT41 Turns to Financial Crime, Report Says

China-Backed Cyber Espionage Group APT41 Turns to Financial Crime, Report Says
A man types on a computer keyboard in Warsaw, on Feb. 28, 2013. Kacper Pempel/Reuters
Chriss Street
Updated:
Chinese state-sponsored hacker group “Advanced Persistent Threat 41” is committing financially motivated crimes along with espionage for the regime, according to an Aug. 7 report by cybersecurity firm FireEye.
In a presentation to Black Hat USA, the world’s leading cyber-security event held in Las Vegas, FireEye Threat Intelligence (FEYE) revealed that Chinese hacker group designated “Advanced Persistent Threat 41” (APT41) is moonlighting outside of its alleged espionage for China’s state security interests to engage in financial shakedowns and thefts against, video game, higher education, travel services, and media firms.