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Showing posts with the label US government

U.S. Government Agencies Targeted in Cyber Attack by Chinese State-Linked Hackers

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  Chinese state-linked hackers have reportedly gained unauthorized access to   email accounts   of approximately 25 organizations, including two U.S. government agencies, according to U.S. officials. The breach was detected early, preventing further compromises. Among the affected agencies are the U.S. State and Commerce departments, with reports of compromised email accounts of Department of State officials and Secretary of Commerce Gina Raimondo. While the breach is significant, it is not as extensive as the SolarWinds compromise attributed to Russian cyberspies. Microsoft, the company that detected the breach, revealed that the hacking group known as Storm-0558 utilized counterfeit digital authentication tokens to access email accounts through the Outlook service. The activity started in May and primarily targeted organizations in Western Europe. The U.S. government responded firmly, with Secretary of State Antony Blinken warning China that any actions targeting the U....

Ajay Banga: The 1st Indian-American To Lead World Bank

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 Ajay Banga is an Indian-American who is appointed as the Vice-Chairman at the General Atlantic, a US private equity firm. Here are the 5 key details about him. Former Mastercard CEO Ajay Banga has been proposed by US President Joe Biden to succeed Donald Trump’s appointee David Malpass as president of the World Bank. Malpass’s term will end in April 2024. David Malpass’ early resignation from the 189-nation organization that works to reduce poverty was viewed as a chance for the USA to develop a leadership that can guide the group for the wellbeing of less-wealthy nations. Ajay Banga was chosen by the US government because of his experience dealing with issues like climate change, which is its top concern. The World Bank is frequently condemned for being unfriendly to developing countries. Ajay Banga was congratulated on his nomination as the incoming president of the World Bank by Dr. Sangita Reddy, the managing director of the Apollo Hospitals Group. Who Is Ajay Banga? 5 Key D...