Three Chinese nationals were charged with cybercrime offences today, accused of hacking three companies - Moody's Analytics, Trimble and Siemens - to steal gigabytes of sensitive data and trade secrets. IT giant Siemens appeared to have been hit the hardest, as the hackers stole 407 gigabytes of data from its energy, technology and transportation businesses, according to the indictment. They were accused of pilfering at least 275 megabytes of data, including trade secrets related to that technology. To our knowledge, no confidential customer data or other personal employee information was compromised as a result of this incident." A Siemens spokesperson said: "As a matter of policy, Siemens does not comment on internal security matters."

Source: Forbes November 27, 2017 19:41 UTC