Cisco faces fallout from a massive data leak exposing critical files, while China accuses the U.S. of cyber espionage amid rising tech tensions. AI governance sparks debate as Europe enforces strict rules, and ASIC sues HSBC for $23M scam failures. Global cyber affairs take center stage this week.
ASIC is suing HSBC Australia over $23M in scam losses, alleging systemic failures in fraud detection and delays in resolving complaints. Meanwhile, Singapore's proposed anti-scam law aims to freeze accounts of scam victims to prevent further losses, sparking debate on privacy and autonomy.
Broadcom joins Nvidia in the $1 trillion club, reshaping the AI chip race with a 51% revenue surge in Q4 2024 and VMware's $69B acquisition. As China invests $25B to boost semiconductor self-reliance, U.S.-China tensions escalate, redefining global innovation and geopolitical power dynamics.
In a recent development that underscores the global concern over Chinese technological dominance, the U.S. government has intensified its efforts to counter the influence of Chinese drones.
In a recent development that underscores the global concern over Chinese technological dominance, the U.S. government has intensified its efforts to counter the influence of Chinese drones.
The FBI and the Cybersecurity and Infrastructure Security Agency (CISA) have released a pivotal report emphasising the security risks posed by Chinese uncrewed aircraft systems (UAS) manufacturers, notably DJI, which holds a commanding 70% share of the global consumer drone market.
The report comes amid a wave of bans targeting Chinese drone manufacturers. U.S. lawmakers have referred to the aircraft as “TikTok with wings,” in reference to the alleged spying taking place on the popular, China-owned social media platform.
This move aligns with international apprehensions, as highlighted by Australian Senator Paterson's call for a review of critical infrastructure relying on Chinese technologies, including solar panels, drones, and CCTV surveillance systems in government buildings.
This global legislative focus reflects the mounting anxiety over China's strategy of integrating civilian, military, and Communist Party mandates in surveillance technologies—a tactic that has long been a point of contention in Western governments.
The report, "Cybersecurity Guidance: Chinese-Manufactured UAS," though non-binding, advises American firms at all government levels on critical infrastructure and cybersecurity precautions.
This follows a request from 16 U.S. lawmakers to CISA Director Jen Easterly for an investigation into DJI's activities in the U.S. and their potential security risks. Bryan Vorndran, Assistant Director of the FBI's Cyber Division, warns,
“Without mitigations in place, the widespread deployment of Chinese-manufactured UAS in our nation’s key sectors is a national security concern, and it carries the risk of unauthorised access to systems and data.”
This statement underscores the urgency of the guidance issued by the FBI and CISA to protect critical infrastructure. The concern over UAS vulnerabilities is particularly acute with Chinese models, given the legal framework in the People’s Republic of China (PRC) that allows unprecedented governmental access to data from Chinese companies.
A letter from 16 U.S. Senators to Director Easterly in March 2023 highlighted China's "Military-Civil Fusion" strategy, which effectively merges PLA and civilian science and technology efforts. This approach by the PRC, viewing information as a strategic asset and actively seeking its acquisition, including through UAS, raises serious implications.
There are fears that drone-captured data on U.S. infrastructure and intellectual property might be accessed by Chinese authorities, leading to potential cyberattacks or physical sabotage.
The FBI and CISA assert that PRC laws provide the government extensive rights to access and control data from Chinese firms, with Chinese-made UAS often employed in U.S. critical infrastructure, potentially exposing sensitive information.
The report also discusses the vulnerabilities and dangers for U.S. drone companies operating without adequate cybersecurity measures, suggesting that prevalent strategies might not sufficiently prevent China from accessing crucial data that could bolster its strategic objectives.
The recent escalation of global concerns regarding Chinese technological influence, lead by U.S. government last year and with is latest report is not an isolated policy change by Western governments.
Four of the 16 signatures from U.S lawmakers.
In 2023, we witnessed, much debate across the media and the Australian government wit these similar initiatives being echoed by a series of significant political calls from Australian Senator Paterson, advocating for a comprehensive review of critical infrastructure in Australia that depends on Chinese technologies, including solar panels, drones, and CCTV surveillance systems in government buildings.
This movement reflects a wider, international legislative focus on the risks associated with China's strategy of merging civilian, military, and Communist Party mandates in surveillance technologies—a practice that has sparked significant debate and concern among Western nations regarding national security.
This issue is not isolated to the U.S.; it represents a broader concern for governments in the West, spotlighting the debate on national security and the impact of Chinese surveillance technology in global geopolitics.
Cisco faces fallout from a massive data leak exposing critical files, while China accuses the U.S. of cyber espionage amid rising tech tensions. AI governance sparks debate as Europe enforces strict rules, and ASIC sues HSBC for $23M scam failures. Global cyber affairs take center stage this week.
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