Wall Street Jedi
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Wall Street Jedi
No Result
View All Result
Home Stock

Outgoing FCC head says Salt Typhoon hacking a clarion call to address security issues

by
January 18, 2025
in Stock
0
Outgoing FCC head says Salt Typhoon hacking a clarion call to address security issues
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

By David Shepardson

WASHINGTON (Reuters) -The outgoing head of the Federal Communications Commission said a massive Chinese-linked cyber-espionage operation against U.S. telecoms firms known as “Salt Typhoon” is a “clarion call” to address significant telecommunications security issues.

“Salt Typhoon is a clarion call that reminds us that the security of our networks is absolutely vital for our national and economic security,” FCC (BME:FCC) Chair Jessica Rosenworcel, who steps down on Monday, said in a Reuters interview.

“We’ve got to make some changes … We have to figure out how it happened. We have to figure out the extent of the incursion, and then, most importantly, we have to take action to make sure it never happens again.”

Senator Ben Ray Lujan, the top Democrat on a telecom subcommittee, said China’s alleged efforts likely represent “the largest telecommunications hack in our nation’s history.”

Verizon (NYSE:VZ) and AT&T (NYSE:T) have said they were impacted by Salt Typhoon but said last month their networks are now secure.

The FCC voted on Thursday to require telecommunications to have cybersecurity risk management plans. Rosenworcel predicted there would be other threats from malicious actors and nation states in the future, and called for more to be done to make the networks more resilient.

Incoming FCC Chair Brendan Carr said the Salt Typhoon attack “represents an unacceptable risk to our national security” but criticized the commission action.

“We should be taking a series of actions that will restore America’s deterrence and harden our networks going forward,” Carr added.

Under Rosenworcel, the FCC has taken steps to crackdown on Chinese telecoms including seeking to boost security of information transmitted across the internet after Washington said a Chinese carrier misrouted traffic. The FCC is also reviewing rules governing undersea cables that carry most internet traffic.

The FCC voted in 2022 to prevent Huawei, ZTE (HK:0763) and other Chinese companies from winning approvals for new telecommunications equipment. Congress in December approved $3.1 billion for U.S. telecom companies to remove equipment made by Huawei and ZTE from American wireless networks.

This post appeared first on investing.com
Previous Post

US FTC finalizes consent order for $53 billion Chevron-Hess merger

Next Post

US awards Moderna $590 million for bird flu vaccine development

Next Post
US awards Moderna $590 million for bird flu vaccine development

US awards Moderna $590 million for bird flu vaccine development

  • Trending
  • Comments
  • Latest
American creating deepfakes targeting Harris works with Russian intel, documents show

American creating deepfakes targeting Harris works with Russian intel, documents show

October 23, 2024
Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

Cadence raises midpoint of 2024 profit forecast on robust demand from chip designers

October 28, 2024
Israel stocks lower at close of trade; TA 35 down 0.23%

Israel stocks lower at close of trade; TA 35 down 0.23%

October 6, 2024
Takeaways from the start of a Fed rate-cutting cycle

Takeaways from the start of a Fed rate-cutting cycle

October 12, 2024
Fortnite applies to launch on Apple’s App Store after Epic Games court win

Fortnite applies to launch on Apple’s App Store after Epic Games court win

0
Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

Retailers scramble to move billions in cargo as East Coast dockworkers prepare to strike

0
PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

0
East and Gulf coast ports shut down as thousands of workers go on strike

East and Gulf coast ports shut down as thousands of workers go on strike

0
Fortnite applies to launch on Apple’s App Store after Epic Games court win

Fortnite applies to launch on Apple’s App Store after Epic Games court win

May 11, 2025
Cargo thieves are attacking the U.S. supply chain at alarming rates

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 10, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 8, 2025
UnitedHealthcare sued by shareholders over reaction to CEO’s killing

UnitedHealthcare sued by shareholders over reaction to CEO’s killing

May 8, 2025

Recent News

Fortnite applies to launch on Apple’s App Store after Epic Games court win

Fortnite applies to launch on Apple’s App Store after Epic Games court win

May 11, 2025
Cargo thieves are attacking the U.S. supply chain at alarming rates

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 10, 2025
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 8, 2025
UnitedHealthcare sued by shareholders over reaction to CEO’s killing

UnitedHealthcare sued by shareholders over reaction to CEO’s killing

May 8, 2025

Disclaimer: WallStreetJedi.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 wallstreetjedi.com | All Rights Reserved

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 wallstreetjedi.com | All Rights Reserved