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January 22, 2014

Russia Hacked Hundreds of Companies for Economic Gain: Report

An investigation by cyber security firm CrowdStrike has led to allegations that the Russian government spied on hundreds of American, European and Asian companies.

According to the firm, Russia spied on a number of companies in the fields of technology, energy, manufacturing. defense, healthcare and government to gather information in order to make its own economy more competitive.

While CrowdStrike cannot name any specifics due to confidentiality, its chief technology officer, Dmitri Alperovitch told Reuters “these attacks appear to have been motivated by the Russian government’s interest in helping its industry maintain competitiveness in key areas of national importance.”

He added this is the first time Russia has been accused of cyber espionage. For years, China has been the target of accusations, its government denying any claims.

“They are copying the Chinese play book,” he said about Russia. “Cyber espionage is very lucrative for economic benefit to a nation.”

Alperovitch is no stranger to Internet security. He worked for McAfee for several years before founding CrowdStrike in 2012.

CrowdStrike has been tracking Russia’s activities for the past two years, specifically keeping an eye on a group of hackers that go by the name of “Energetic Bear.” Investigators claim to have a slew of evidence to back up CrowdStrike’s claim.

“We are very confident about this,” Alperovitch told Reuters.




Megan Abraham is a staff writer for SiteProNews.