Report: China pushing banks to desert American hardware

Report: China pushing banks to abandon American hardware

There is a rising undercurrent of rigidity between the US and China as a result of each nations assume the opposite is making an attempt to hack them. They’re each in all probability proper, however China appears to be taking some concrete fiscal steps to make its displeasure recognized. In line with a brand new report from Bloomberg (and the standard spate of unnamed sources), the Chinese language authorities is quietly asking the nation’s huge banks to surrender their IBM servers in favor of some homegrown hardware.

The large concern? The safety and integrity of China’s monetary techniques. IBM could also be ruing the transfer behind closed doorways, however seeing China reduce its reliance on overseas tech solely appears pure contemplating the occasions of the previous weeks. Keep in mind: the US Division of Justice charged 5 officers from the Individuals’s Liberation Military of China with hacking into American corporations to steal commerce secrets and techniques earlier this month. What’s extra, leaks revealed in Glenn Greenwald’s new e-book confirmed that the NSA can and has intercepted hardware to trick it out with surveillance measures earlier than passing it onto the meant buyer. Throw some stern rebukes from a brand new Chinese language authorities company report (amongst different issues, it accuses the US of placing “international cyber-safety beneath menace”) and it is no shock that issues are getting so chilly. This is not the primary time that the Chinese language authorities has come down arduous on US-made tech, both: just some weeks in the past, Home windows eight turned verboten on authorities computer systems there.

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