Connect with us

Hi, what are you looking for?

Investing

Chinese hackers preparing to ‘wreak havoc’ on American citizens, communities, FBI director warns

FBI Director Christopher Wray is set to warn lawmakers on Capitol Hill Wednesday that Chinese hackers are preparing to ‘wreak havoc and cause real-world harm to American citizens and communities.’ 

Wray and other government officials are set to testify in front of the House Select Committee at 11 a.m. for a hearing titled ‘The Chinese Community Party Cyber Threat to the American Homeland and National Security.’ 

‘There has been far too little public focus on the fact that People’s Republic of China hackers are targeting our critical infrastructure — our water treatment plants, our electrical grid, our oil and natural gas pipelines, our transportation systems. And the risk that poses to every American requires our attention – now,’ Wray is expected to tell lawmakers in an excerpt from his remarks. 

‘China’s hackers are positioning on American infrastructure in preparation to wreak havoc and cause real-world harm to American citizens and communities, if or when China decides the time has come to strike,’ he will add. 

NEW GROUP LAUNCHES TO COMBAT CHINESE COMMUNIST PARTY INFLUENCE ACROSS US 

Wray is also expected to say that ‘today, and literally every day’ Chinese hackers are ‘actively attacking our economic security, engaging in wholesale theft of our innovation, and our personal and corporate data.’ 

‘And they don’t just hit our security and economy. They target our freedoms, reaching inside our borders, across America, to silence, coerce, and threaten our citizens and residents,’ Wray will add in his testimony. 

CHINESE HACKERS OUTNUMBER FBI CYBER PERSONNEL ‘BY AT LEAST 50 TO 1,’ WRAY TESTIFIES 

Wray previously testified in April last year that FBI agents are outnumbered by ‘at least 50 to 1’ when attempting to address the threat China poses to critical infrastructure through its cyber hacking practices, and said Beijing has stolen more personal and corporate data from the U.S. than any other nation. 

‘They’ve got a bigger hacking program than every other major nation combined and have stolen more of our personal and corporate data than all other nations – big or small combined,’ he said during a House Appropriations Committee hearing at the time. 

‘To give you a sense of what we’re up against, if each one of the FBI’s cyber agents and intel analysts focused exclusively on the China threat – on nothing but China – Chinese hackers would still outnumber FBI cyber personnel by at least 50 to 1,’ Wray testified. 

Fox News’ David Spunt and Brooke Singman contributed to this report. 

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    The Senate is expected to send a temporary spending package known as a Continuing Resolution (CR) to the White House, averting a government shutdown before...

    Investing

    Sen. Tommy Tuberville’s, R-Ala., colleagues pleaded on the Senate floor early Thursday morning – from midnight until nearly 4 a.m. – to drop his objection to...

    Latest News

    A bipartisan ethics report concludes there is “substantial evidence” that George Santos violated federal criminal laws, which will almost certainly trigger another attempt to...

    Economy

    In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...

    Disclaimer: Goldenliontraders.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 Goldenliontraders.com