Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Government-backed hackers infiltrated telecom giant Ribbon and maintained access for several months before their activities were discovered.

Government-backed hackers infiltrated telecom giant Ribbon and maintained access for several months before their activities were discovered.

Bitget-RWA2025/10/31 20:21
By:Bitget-RWA

Ribbon, a major U.S. telecommunications company, has revealed in a public filing that state-sponsored hackers infiltrated its systems and remained undetected for nearly a year.

In a recent 10-Q report submitted to the U.S. Securities and Exchange Commission, the telecom company stated that a suspected “nation-state actor” had breached its IT infrastructure as early as December 2024. Ribbon reported the incident to authorities and believes the attackers have since been removed from its environment.

Based in Texas, Ribbon delivers telecommunications, networking, and internet solutions to businesses, large organizations, and essential infrastructure sectors like energy and transportation. Its client list includes hundreds of companies, among them Fortune 500 corporations and government bodies such as the Department of Defense.

Reuters was the first to disclose the incident.

Ribbon spokesperson Catherine Berthier confirmed that three customers were impacted by the breach, but declined to identify them, citing privacy concerns.

It remains uncertain whether the attackers stole personal data or other confidential information from Ribbon’s business clients. However, the company’s filing mentioned that “several customer files stored outside the main network on two laptops appear to have been accessed by the threat actor.” Ribbon has informed those affected.

Ribbon joins a growing list of telecom firms targeted by hackers in the last two years, but did not specify which government was behind the attack when questioned by TechCrunch.

Berthier also declined to share further details with TechCrunch, citing the ongoing nature of the investigation.

In the past, hackers linked to China have breached at least 200 U.S.-based organizations, including telecom and internet providers, to obtain call records and communications data on high-ranking U.S. officials. Companies such as AT&T, Verizon, and Lumen were among those compromised, as well as major cloud and data center providers.

Some affected organizations were located outside the U.S., including in Canada.

According to U.S. officials, the hacking group known as Salt Typhoon is one of several China-backed teams targeting the U.S. and its partners as part of a long-term campaign to prepare for a possible future conflict over Taiwan.

This story has been updated with a statement from Ribbon.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

NEAR's Reduced Inflation: Sensible Adjustment or Weakening of Governance?

- NEAR Protocol slashed annual token inflation to 2.4% from 5%, bypassing a failed community vote and sparking governance debates. - The October 30 upgrade reduces new token issuance by 60 million yearly, lowers staking yields to 4.5%, and prioritizes curbing dilution. - Critics, including staking firm Chorus One, accuse the core team of undermining decentralized governance, as NEAR’s price fell 8% post-announcement. - The move mirrors strategies by Solana and Polkadot but highlights tensions between econo

Bitget-RWA2025/11/02 13:02
NEAR's Reduced Inflation: Sensible Adjustment or Weakening of Governance?

"Potential for Increased Volatility as Eigen Focuses on Expanding Its Ecosystem Rather Than Token Offerings"

- Eigen Foundation clarifies EIGEN token transfers from treasury are for ecosystem grants, partnerships, and liquidity, not team unlocks or sales. - Market faces $653M+ in token unlocks (Oct-Nov 27), led by SUI ($119M) and EIGEN ($43.8M), raising volatility risks for smaller projects like GRASS and SIGN. - Analysts warn high-unlock projects face sharper price swings, contrasting Eigen's governance stability with broader market uncertainties over liquidity absorption. - Rovaren Token (RVN) introduces AI-pow

Bitget-RWA2025/11/02 13:02
"Potential for Increased Volatility as Eigen Focuses on Expanding Its Ecosystem Rather Than Token Offerings"

Zcash Sets New Standard for Crypto Privacy with $412 Rally and Zero-Knowledge Enhancements

- Zcash (ZEC) surged to a $412 seven-year high, driven by privacy demand, ZK upgrades, and market shifts toward zero-knowledge tech. - ZEC's $6.8B market cap now surpasses Monero and Shiba Inu, fueled by 400% October gains and 4.1M shielded tokens on Orchard protocol. - Electric Coin Co. unveiled Q4 2025 roadmap with Zashi wallet enhancements, P2SH multisig security, and Solana integrations to boost privacy usability. - Analysts highlight Zcash's optional transparency model as a compliance advantage over f

Bitget-RWA2025/11/02 13:02
Zcash Sets New Standard for Crypto Privacy with $412 Rally and Zero-Knowledge Enhancements

Investors Turn to Blockchain as Meme Coins Struggle During Market Fluctuations

- Meme coins like SPX6900 face waning momentum as investors shift to blockchain projects like NB HASH, which integrates AI and decentralized infrastructure. - Fed Chair Powell's cautious stance on rate cuts (70% December cut probability) dampened tech stocks, while NatWest and SERES Group boosted earnings amid cost-cutting and EV growth. - Leidos and Summit Hotel Properties raised dividends, reflecting corporate strategies to balance shareholder returns with reinvestment amid market volatility. - Bitcoin's

Bitget-RWA2025/11/02 12:44
Investors Turn to Blockchain as Meme Coins Struggle During Market Fluctuations