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China-linked hackers target Taiwan chip firms in a coordinated espionage campaign
Three threat groups conduct sophisticated phishing attacks against chip manufacturers and financial analysts between March and June 2025.
Between March and June 2025, three distinct threat groups were found conducting coordinated espionage campaigns targeting chip manufacturers, supply chain companies, and financial analysts to steal critical intellectual property and market intelligence, researchers said in a report. The third group, UNK_SparkyCarp, focused on credential harvesting through sophisticated phishing kits using custom adversary-in-the-middle frameworks targeting Taiwanese semiconductor companies, with emails masquerading as account login security warnings. Rawat recommended that companies “evolve from traditional compliance-based cybersecurity to proactive, intelligence-driven defense.” He particularly emphasized heightened vigilance in monitoring insider threats and HR platforms, which are being exploited through employment-themed phishing campaigns.
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