Chinese govt backed hackers exploit bug to compromise internet companies, cybersecurity firm claims

A cybersecurity firm has claimed what could be a nightmare for internet giants that a Chinese hacking group exploited a software bug in order to compromise multiple internet companies in the US and other countries, Reuters reported.

Lumen Technologies researchers have claimed that the hacker group exploited an unknown vulnerability in a software platform Versa Director, which is used to manage services for customers of Santa Clara, California-based Versa Networks.