Hackers from Vietnam stealing data from Automobile Companies

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Hackers or a hacking group from Vietnam is found to be stealing data from automobile companies operating mostly in South Asia and is said to be spreading its wings to American companies.

Cybersecurity experts from Crowdstrike who were the first to identify this scenario have further reported that the attacks look similar to the ones launched by state-funded hacking groups from China.

Crowdstrike security experts say that the Vietnamese hacking group dubbed as APT32 is mainly focusing on stealing intellectual property from multinational companies by creating fake domains.

Toyota, Hyundai and another Japanese company is said to have become victims of the hackers already and the next target happens to be an electric vehicle producing company from America.

Vietnam’s foreign Ministry and Vietnamese embassy in Washington is yet to respond to the media speculations on this issue.

Meanwhile, security researchers from FireEye Inc have been tracking APT32 since 2012 and have synonymously named the hacking group as Ocean Buffalo and Ocean Lotus. The team has discovered that the hacking group has launched a series of attacks in the US, Germany and some nations in Asia- mainly on companies operating in the hospitality, consumer products, and manufacturing sector; just in the span of the last 3 years.

Espionage happens to be the latest theme in focus for the APT32 Cyber crooks as Slovakia based Cybersecurity firm ESET claims that they are having evidence that the group has so far targeted many firms operating in Asia.