The Wall Street Journal is reporting that telecoms firm Nortel Networks was repeatedly breached by Chinese hackers for almost a decade.
The newspaper cited Brian Shields, a former Nortel employee who led an internal investigation into the security breaches, and published claims that the hackers stole seven passwords from the company’s top executives – including the CEO – which granted them widespread access to the entire Nortel network.
According to the WSJ’s report, the security breaches dated as far as back as at least 2000, and spyware planted by the hackers made it possible to steal intellectual property, including technical papers, R&D reports, business plans, employee emails and other documents.
“They had access to everything. They had plenty of time. All they had to do was figure out what they wanted,” said…
Read more in my article on the Naked Security website.