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Senator downplays China outbrust over bank hack

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Source: National Cyber Security – Produced By Gregory Evans

MANILA, Philippines – China should not throw a tantrum over the issue of some Chinese being linked to an $81-million cyber-heist, as the accusation is only against its citizens and not the government, Senate President Pro-Tempore Ralph Recto said yesterday. He was reacting to Chinese foreign ministry spokesman Lu Kang’s labeling him irresponsible for linking Chinese hackers to the loss of the Bangladesh government’s $81-million deposit in the Federal Reserve Bank of New York. “We are used to China’s tantrums. They need not hyperventilate on this issue,” Recto said. “It’s not the Chinese government, but Chinese citizens who are involved.” “Clearly the Senate hearings have shown the involvement of their citizens. Persons of interest are Chinese nationals,” he added, ruling out an apology. “We’re not saying it is a state-sanctioned project, or a government-instigated enterprise. Crimes committed by citizens should not be blamed on the state,” he added. What the Chinese government should do, he said, is help the international community identify the hackers who stole the money, which ended up in the Rizal Commercial Banking Corp. and later in Philippine casinos. “Every minute of delay in stopping these hackers increases the risk of cyber attack on the international banking […]

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