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#MorganStanley #Cybersecurity #China
Morgan Stanley blocks remote access for interns in China over cybersecurity concerns
According to sources quoted by Financial Times, foreign companies have increasing concerns over China’s stiffening cybersecurity rules as tension with the US grows. Another source quoted by FT also mentioned Morgan Stanley’s own network system poses vulnerabilities.
As Morgan Stanley employees began returning to regular work, their summer interns in China originally had an option to complete their internships remotely like their global counterparts. However, shortly before the internship program started on June 29, the bank changed its decision and was no longer allowing interns to login to the company’s virtual network from China.
Sources quoted that China’s tough cybersecurity law, updated in early June, the new law looks at businesses’ critical information infrastructure and cross border customer data. Even information posted online could be subject to scrutiny.
With tension rising between China and the US, Morgan Stanley has decided not to take the risk to allow interns to work in an unsupervised environment, as the organization own virtual network also risks being exposed to cyberattacks.
Other investment banks operating in China, including Goldman Sachs, Bank of America and JPMorgan, are still allowing interns to work completed remotely at home.
Source: Stand News #Jul23
#MorganStanley #Cybersecurity #China
Morgan Stanley blocks remote access for interns in China over cybersecurity concerns
According to sources quoted by Financial Times, foreign companies have increasing concerns over China’s stiffening cybersecurity rules as tension with the US grows. Another source quoted by FT also mentioned Morgan Stanley’s own network system poses vulnerabilities.
As Morgan Stanley employees began returning to regular work, their summer interns in China originally had an option to complete their internships remotely like their global counterparts. However, shortly before the internship program started on June 29, the bank changed its decision and was no longer allowing interns to login to the company’s virtual network from China.
Sources quoted that China’s tough cybersecurity law, updated in early June, the new law looks at businesses’ critical information infrastructure and cross border customer data. Even information posted online could be subject to scrutiny.
With tension rising between China and the US, Morgan Stanley has decided not to take the risk to allow interns to work in an unsupervised environment, as the organization own virtual network also risks being exposed to cyberattacks.
Other investment banks operating in China, including Goldman Sachs, Bank of America and JPMorgan, are still allowing interns to work completed remotely at home.
Source: Stand News #Jul23
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EDF says it would shut Taishan reactor if it were in France
French nuclear operator EDF said it would have shut down a reactor in southern China being investigated for a potential fuel rod issue if the facility were in France but that the decision to continue operating the joint venture was beyond its control.
The Taishan nuclear power plant, which is majority controlled and operated by China General Nuclear Power Corp, with EDF holding a 30 per cent stake, held an extraordinary board meeting on Thursday to review the latest data following reports of problems last month.
“On the basis of the analyses carried out, EDF’s operating procedures for the French nuclear fleet would lead EDF, in France, to shut down the reactor in order to accurately assess the situation in progress and stop its development,” EDF said in a statement following the meeting
Source: Financial Times #Jul23
https://www.ft.com/content/b3a5f59c-7603-4bc5-b1c6-6b39202f7b48
#French #Nuclear #EDF #China
French nuclear operator EDF said it would have shut down a reactor in southern China being investigated for a potential fuel rod issue if the facility were in France but that the decision to continue operating the joint venture was beyond its control.
The Taishan nuclear power plant, which is majority controlled and operated by China General Nuclear Power Corp, with EDF holding a 30 per cent stake, held an extraordinary board meeting on Thursday to review the latest data following reports of problems last month.
“On the basis of the analyses carried out, EDF’s operating procedures for the French nuclear fleet would lead EDF, in France, to shut down the reactor in order to accurately assess the situation in progress and stop its development,” EDF said in a statement following the meeting
Source: Financial Times #Jul23
https://www.ft.com/content/b3a5f59c-7603-4bc5-b1c6-6b39202f7b48
#French #Nuclear #EDF #China
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China rejects WHO plan for study of COVID-19 origin
China rejected on Thursday a World Health Organization (WHO) plan for a second phase of an investigation into the origin of the coronavirus, which includes the hypothesis it could have escaped from a Chinese laboratory, a top health official said.
The WHO this month proposed a second phase of studies into the origins of the coronavirus in China, including audits of laboratories and markets in the city of Wuhan, calling for transparency from authorities.
"We will not accept such an origins-tracing plan as it, in some aspects, disregards common sense and defies science," Zeng Yixin, vice minister of the National Health Commission (NHC), told reporters.
Source: Reuters #Jul23
https://reut.rs/2UB4PGn
#China #Covid19 #WHO #NHC
China rejected on Thursday a World Health Organization (WHO) plan for a second phase of an investigation into the origin of the coronavirus, which includes the hypothesis it could have escaped from a Chinese laboratory, a top health official said.
The WHO this month proposed a second phase of studies into the origins of the coronavirus in China, including audits of laboratories and markets in the city of Wuhan, calling for transparency from authorities.
"We will not accept such an origins-tracing plan as it, in some aspects, disregards common sense and defies science," Zeng Yixin, vice minister of the National Health Commission (NHC), told reporters.
Source: Reuters #Jul23
https://reut.rs/2UB4PGn
#China #Covid19 #WHO #NHC
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UK should be concerned at Chinese gene data harvesting, lawmaker says
Britain should be concerned about the harvesting of genetic data from millions of women by a Chinese company through prenatal tests, a senior British lawmaker told Reuters.
A Reuters review of scientific papers and company statements found that BGI Group developed the tests in collaboration with the Chinese military and is using them to collect genetic data around the world for research on the traits of populations.
"I'm always concerned when data leaves the United Kingdom, that it should be treated with the respect and privacy that we would expect here at home, and the concern that this raises is that it may not be so," Tom Tugendhat, chairman of the British parliament's Foreign Affairs Select Committee, told Reuters.
Source: Reuters #Jul23
https://www.reuters.com/world/uk/uk-should-be-concerned-chinese-gene-data-harvesting-lawmaker-says-2021-07-22/
#China #UK #Genetic #Data
Britain should be concerned about the harvesting of genetic data from millions of women by a Chinese company through prenatal tests, a senior British lawmaker told Reuters.
A Reuters review of scientific papers and company statements found that BGI Group developed the tests in collaboration with the Chinese military and is using them to collect genetic data around the world for research on the traits of populations.
"I'm always concerned when data leaves the United Kingdom, that it should be treated with the respect and privacy that we would expect here at home, and the concern that this raises is that it may not be so," Tom Tugendhat, chairman of the British parliament's Foreign Affairs Select Committee, told Reuters.
Source: Reuters #Jul23
https://www.reuters.com/world/uk/uk-should-be-concerned-chinese-gene-data-harvesting-lawmaker-says-2021-07-22/
#China #UK #Genetic #Data
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FBI investigation determined Chinese-made #Huawei equipment could disrupt US nuclear arsenal communications
//In 2017, the Chinese government was offering to spend $100 million to build an ornate Chinese garden at the #NationalArboretum in Washington DC. Complete with temples, pavilions and a 70-foot white pagoda, the project thrilled local officials, who hoped it would attract thousands of tourists every year.
But when US counterintelligence officials began digging into the details, they found numerous red flags. The pagoda, they noted, would have been strategically placed on one of the highest points in #WashingtonDC, just two miles from the #USCapitol, a perfect spot for signals intelligence collection, multiple sources familiar with the episode told CNN.
Also alarming was that Chinese officials wanted to build the pagoda with materials shipped to the US in diplomatic pouches, which #USCustoms officials are barred from examining, the sources said...
Among the most alarming things the #FBI uncovered pertains to Chinese-made Huawei equipment atop cell towers near US military bases in the rural Midwest. According to multiple sources familiar with the matter, the FBI determined the equipment was capable of capturing and disrupting highly restricted Defense Department communications, including those used by US Strategic Command, which oversees the country's nuclear weapons....//
Read the full article:
https://www.cnn.com/2022/07/23/politics/fbi-investigation-huawei-china-defense-department-communications-nuclear/index.html
Source: CNN #Jul23
#CNNExclusive
#ChinaThreat #MadeinChina #Security #Espionage #ChineseGarden
//In 2017, the Chinese government was offering to spend $100 million to build an ornate Chinese garden at the #NationalArboretum in Washington DC. Complete with temples, pavilions and a 70-foot white pagoda, the project thrilled local officials, who hoped it would attract thousands of tourists every year.
But when US counterintelligence officials began digging into the details, they found numerous red flags. The pagoda, they noted, would have been strategically placed on one of the highest points in #WashingtonDC, just two miles from the #USCapitol, a perfect spot for signals intelligence collection, multiple sources familiar with the episode told CNN.
Also alarming was that Chinese officials wanted to build the pagoda with materials shipped to the US in diplomatic pouches, which #USCustoms officials are barred from examining, the sources said...
Among the most alarming things the #FBI uncovered pertains to Chinese-made Huawei equipment atop cell towers near US military bases in the rural Midwest. According to multiple sources familiar with the matter, the FBI determined the equipment was capable of capturing and disrupting highly restricted Defense Department communications, including those used by US Strategic Command, which oversees the country's nuclear weapons....//
Read the full article:
https://www.cnn.com/2022/07/23/politics/fbi-investigation-huawei-china-defense-department-communications-nuclear/index.html
Source: CNN #Jul23
#CNNExclusive
#ChinaThreat #MadeinChina #Security #Espionage #ChineseGarden
CNN
CNN Exclusive: FBI investigation determined Chinese-made Huawei equipment could disrupt US nuclear arsenal communications | CNN…
On paper, it looked like a fantastic deal. In 2017, the Chinese government was offering to spend $100 million to build an ornate Chinese garden at the National Arboretum in Washington DC. Complete with temples, pavilions and a 70-foot white pagoda, the project…