Chinese world-wide-web firm Sohu’s personnel duped by e-mail fraud that promised ‘allowances’ to these who present their banking info

Chinese world-wide-web portal operator Sohu.com said on Wednesday that two dozen staff misplaced much more than 40,000 yuan (US$6,000) following they fell victim to an e mail rip-off, which promised “allowances” to recipients who provide their financial institution accounts and other personalized identification facts.

The 24 workers believed the e-mail was authentic due to the fact it was despatched from an undisclosed Sohu employee’s account, which was afterwards uncovered to have been hacked and applied to ship mail purportedly from the firm’s company finance division, in accordance to a statement posted by Sohu on microblogging platform Weibo.

The email sent on Could 18 had the issue “See on the wage allowance for May possibly”, according to a report on Wednesday by The Beijing News, a Chinese Communist Social gathering-owned newspaper. Some of the duped workers lost their discounts after furnishing their banking information, the report reported.

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That Sohu e-mail account was compromised immediately after an employee’s password was leaked in an accidental phishing incident, according to Beijing-dependent Sohu. It claimed the circumstance has been noted to the law enforcement for additional investigation.

Sohu.com founder Charles Zhang Chaoyang attends an internet conference in Beijing on August 28, 2014. Photo: Shutterstock alt=Sohu.com founder Charles Zhang Chaoyang attends an internet meeting in Beijing on August 28, 2014. Photograph: Shutterstock

Sohu founder, chairman and main executive Charles Zhang Chaoyang mentioned in a post on Weibo that the incident “just isn’t as serious as people believe”. He indicated that measures taken by the firm’s technologies division stored the whole financial reduction to beneath 50,000 yuan.

In addition, he explained the incident did not have an effect on the email providers of all Sohu consumers.

Whilst online scams are not uncommon in China, cybersecurity breaches in important hi-tech companies have turn into rare. As these types of, Sohu’s status has taken a strike on Chinese social media.

The e mail rip-off at Sohu on Wednesday was trending on top rated of the research checklist of Weibo, which is affiliated with Sohu’s competitor Sina.com.

One Weibo consumer posted a comment that it was a disgrace for Sohu, at the time known as a single of China’s major web portals, to turn out to be prey for ripoffs and phishing actions. Other Weibo buyers mentioned the reported money reduction reflected how destitute Sohu staff have grow to be.

Sohu, just one of the initial Chinese tech corporations to record on Nasdaq in 2000, last month reported it is wanting to exit the US trade, signalling that the enterprise is not self-confident about meeting rigorous auditing needs.

The firm’s announcement arrived following the US Securities and Trade Fee added 12 extra Chinese providers, which includes Sohu, to a list of stocks

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US accuses Chinese tech corporations, study institutes of weaponizing biotechnology, developing ‘brain-handle weaponry’

The Biden administration has blacklisted and sanctioned dozens of Chinese governing administration investigate institutes and private-sector tech corporations, accusing them of weaponizing engineering for use at home and overseas, the U.S. departments of Commerce and Treasury declared Thursday.

In certain, the U.S. warned that these entities were being operating as aspect of a broader Chinese government approach to produce and deploy biotechnology, which includes “brain-management weaponry,” for feasible offensive use and as aspect of its crackdown on Uighurs and other Muslim ethnic minorities — a marketing campaign that the U.S. has identified constitutes genocide.

The penalties look for to bar U.S. technological know-how from getting exported to these initiatives or block their obtain to the U.S. monetary system.

“The scientific pursuit of biotechnology and clinical innovation can help save life. Sad to say, the PRC is deciding upon to use these systems to go after control in excess of its folks and its repression of associates of ethnic and spiritual minority groups,” Commerce Secretary Gina Raimondo stated, using an acronym for China’s formal title, the People’s Republic of China.

“We can’t make it possible for U.S. commodities, systems, and software program that guidance health care science and biotechnical innovation to be diverted towards utilizes opposite to U.S. countrywide protection,” she extra in a statement.

In whole, 12 Chinese investigate institutes and 22 Chinese tech corporations have been blacklisted by her agency and barred from any exports or transfers of U.S. engineering, besides in limited circumstances with a license. Main among the them is China’s Academy of Armed service Clinical Sciences and its 11 study institutes.

Taken collectively, they “use biotechnology procedures to aid Chinese army finish takes advantage of and close users, to incorporate purported mind-management weaponry,” the Commerce Department explained in its public notice Thursday.

It really is unclear what type of weaponry may possibly previously exist, but Chinese military leaders have talked for yrs about biotechnology as developing new “offensive capability,” including “mind management” weapons and “particular ethnic genetic attacks.”

“China’s analysis focus on these systems is not distinctive. What is exclusive is their declared intent to weaponize their inventions,” explained retired Lt. Col. Stephen Ganyard, the former prime U.S. diplomat for military services affairs.

These innovations could include “the stuff of science fiction, these kinds of as mind-managed weaponry” that would allow “a Chinese commando to discharge a weapon with just a thought, not a cause finger,” in accordance to Craig Singleton, a previous U.S. diplomat who is now an adjunct fellow at the Basis for Protection of Democracies, a Washington consider tank.

That could give China armed forces and intelligence advances in excess of the U.S., for every Singleton, whilst it is unclear if the Pentagon is creating comparable weapons programs.

“Some of these systems

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FBI raids Chinese sales equipment supplier: report

U.S. federal investigators raided the Florida offices of a Chinese point-of-sale device provider that reportedly facilitated cyberattacks on American and European entities. 

This week FBI agents descended on the Jacksonville offices of Shenzhen, China-based PAX Technology, which provides point of sale (POS) hardware and software to companies worldwide. 

POS systems are used everywhere from big box retailers to gas stations to coffee shops for processing customer payments.   

The seal of the Federal Bureau of Investigation hangs on the outside of the bureau’s Edgar J. Hoover Building in May 2017 in Washington, D.C. Recently, the FBI raided the Florida offices of a Chinese sales equipment supplier. (Chip Somodevilla/Getty Images / Getty Images)

US RELIES ON CHINA FOR TOO MANY THINGS: REP. WENSTRUP 

The news was originally reported by WOKV, a local Jacksonville news outlet.  

Cybersecurity news site KrebsOnSecurity said the raid is tied to reports that PAX’s systems may have been involved in cyberattacks on U.S. and EU organizations. 

Recently, the FBI raided the offices of a Chinese sales equipment supplier, PAX Technology, which a cybersecurity news site reported may have been involved in cyberattacks.  (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)

The FBI began investigating PAX “after a major U.S. payment processor started asking questions about unusual network packets originating from the company’s payment terminals,” KrebsOnSecurity said, based on information from a “trusted source.” 

“The payment processor found that the PAX terminals were being used both as a malware ‘dropper’ — a repository for malicious files — and as ‘command-and-control’ locations for staging attacks and collecting information,” the cybersecurity news site said. 

CLICK HERE TO READ MORE ON FOX BUSINESS 

The FBI Jacksonville Office provided a statement about the recent raid of the Florida offices of a Chinese sales equipment supplier. (Google Maps)

The FBI Jacksonville office provided the following statement to FOX Business: “The FBI Jacksonville Division, in partnership with Homeland Security Investigations, Customs and Border Protection, Department of Commerce, and Naval Criminal Investigative Services, and with the support of the Jacksonville Sheriff’s Office, executed a court-authorized search in furtherance of a federal investigation (Tuesday, 10/26). The investigation remains active and ongoing and no additional information can be confirmed at this time.”

The FBI is providing no more information other than saying it conducted searches of three facilities in Jacksonville, according to Amanda Videll, public affairs officer at FBI Jacksonville. 

“On Tuesday, October 26, 2021, PAX Technology, Inc. in the United States was subject to an unexpected visit from the Federal Bureau of Investigation (FBI) and other government agencies relating to an apparent investigation,” a PAX Technology spokesperson told FOX Business. 

“PAX Technology is not aware of any illegal conduct by it or its employees and is in the process of engaging counsel to assist in learning more about the events that led to the investigation,” the spokesperson said, adding that the company is “aware of media reports regarding the security of PAX Technology’s devices and services [and] PAX Technology

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Two Chinese teams claim to have reached primacy with quantum computers

The Pan team’s optical quantum computer uses a 144-mode interferometer to solve a Gaussian boson sampling problem with a factor-of-1024 speedup in computational time relative to a classical computer. Credit: Chao-Yang Lu/University of Science and Technology of China, via Physics

Two teams in China are claiming that they have reached primacy with their individual quantum computers. Both have published the details of their work in the journal Physical Review Letters.

In the computer world, quantum primacy is the performance of calculations that are not feasible on conventional computers—others use the term “quantum advantage.”

Over the past several years, several working with quantum computers have claimed to have reached primacy, but thus far have been met with skepticism due to questions about whether the algorithm used was the best choice possible, including the one used by Google. In this new effort, both teams are claiming that their computers leave no room for doubt.

Both of the teams in these new efforts were working at the Hefei National Laboratory for Physical Sciences at the University of Science and Technology of China, and both were led by physicist Jian-Wei Pan, who has become well known for his work with quantum entanglement.

In both efforts, the goal was to build a quantum computer capable of calculating the output probabilities of quantum circuits—a task that is relatively simple for a conventional computer to perform when there are just a few inputs and outputs. It grows increasingly difficult as the numbers rise until it becomes unfeasible.

In the first effort, the researchers used a photonic approach in building their computer. To tackle the problem of estimating output probabilities, the team used Gaussian boson sampling as a way to analyze the output. In this case, output from a 144-mode interferometer. Under this scenario, there could be 1043 possible outcomes. The researchers claim their machine was capable of sampling the output 1023 times as fast as a supercomputer, which, they further claim, shows quantum primacy.

The second effort involved creating a superconductor-based that was capable of calculating using 66 qubits—only 56 of them were used, however. Still, the researchers found the machine capable of estimating sample calculations up to 1000 times as fast as the best supercomputers, which, they claim, shows that they achieved primacy.


Chinese photonic quantum computer demonstrates quantum supremacy


More information:
Han-Sen Zhong et al, Phase-Programmable Gaussian Boson Sampling Using Stimulated Squeezed Light, Physical Review Letters (2021). DOI: 10.1103/PhysRevLett.127.180502

Yulin Wu et al, Strong Quantum Computational Advantage Using a Superconducting Quantum Processor, Physical Review Letters (2021). DOI: 10.1103/PhysRevLett.127.180501

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