Markets News

Chinese hackers attacked two major Indian vaccine makers

Chinese and Russian-linked hacking campaigns has recently targeted Indian vaccine makers Serum Institute of India and Bharat Biotech.

Both SII and Bharat Biotech are involved in producing Covid-19 vaccine currently.

Moreover, the hacking campaigns are believed to be originating from North Korean targeted yoga guru Ramdev’s Patanjali group.

Goldman Sachs and Z3 Partners that backed the Singapore/Japan-based Cyfirma has large operations in Bengaluru.

They have also launched a report titled “Threat Landscape for Pharmaceutical Companies”.

This has uncovered cyber attack campaigns originating from Russia, China, North Korea, and the Middle East targeting 12 countries.

The aim is to steal Covid vaccine research data, patient info, clinical trials data, supply chain and vaccine production information.

The Chinese hacking group APT10, also known as Stone Panda intend to exfiltrate the intellectual property.

Further, the real motivation is to get competitive advantage over Indian pharmaceutical companies.

There are 15 active hacking campaigns underway as per reports.

However, the hackers allegedly made their first attempt last year when Chinese troops hadn’t de-escalated.

Chinese malware entered control systems that manage the supply of electricity across India.

Last year in November, Microsoft claimed to have detected cyber attacks from Russia and North Korea.

They were targeting COVID-19 vaccine companies in India, Canada, France, South Korea and the United States.

Meanwhile, North Korean hackers also tried to break into the systems of British drugmaker AstraZeneca.

Last June, relations between nuclear-armed neighbours China and India soured leading to rising tension across the border.

This is because of the Himalayan border fight that killed 20 Indian and four Chinese soldiers.

Check all the recent news updates and share market updates


Get 90% Discount on Brokerage Now! Open Demat Account