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Chinese Threat Group conducting espionage found moonlighting with ransomware

  • Chinese state-sponsored hackers known as Emperor Dragonfly have been found engaging in ransomware attacks in addition to their espionage operations.
  • This development suggests that some state actors are now involved in financially motivated cybercrime, potentially due to personal financial incentives or disruptions in state-backed cyber operations.
  • The trend of state-sponsored hackers moonlighting as ransomware operators raises questions about attribution and the impact on global cyber warfare policies.
  • There is speculation that the shift may be driven by inconsistent government funding for cyber operations, leading hackers to seek alternative income sources.

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