Cyberattack targets chemical firms


MOUNTAIN VIEW (California): At least 48 chemical and defence companies were victims of a coordinated cyberattack that has been traced to a man in China, according to a new report from security firm Symantec Corp.

Computers belonging to these companies were infected with malicious software known as “PoisonIvy,” which was used to steal information such as design documents, formulas and details on manufacturing processes, Symantec said.

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