Hackers Targeted BMW, Hyundai In Quest Of Trading Secrets

The network of two car-making giants across the globe BW and Hyundai were hacked allegedly by a hacker group named OceanLotus. According to Bayerischer Rundfunk, hackers launched this campaign by installing a tool named Cobalt Strike and then utilized it to target the auto industry as well as to steal confidential information.

Security experts at BMW, at least, caught wind of hackers, they wisely spent several months monitoring the hackers prior to blocking their access at the beginning of December instead. Hence, hacking plans to gather sensitive data is considered a failure and experts claimed that intruders wouldn’t breach any valuable secrets in the system at the headquarter in Munich.

BMW restricted their comments on this time’s incident but said that the company implemented solutions that aimed at minimizing the risk of unauthorized access to their central data and it likely allowed them to detect and recover the loss of data in a specific case. 

Additionally, OceanLotus is also supposed to have attacked Hyundai in hunt for trade secrets. However, little is reported about that hacking plan and everything continued to be safe. Regarding OceanLotus, it is said to have operated for roughly six years. Many hold a firm belief that Vietnam mainly supports it because the group usually tends to target the countries that have counter-arguments toward Vietnam. 

It appears that the latest hack didn’t come as much of a surprise because the FBI warned the car-making companies that they could become the potential targets for the hacking group. Several among many hacks turn to be successful, resulting in the loss of essential data of the auto industry.