An update on one of the biggest telecom hacks ever
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 30 December 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
Major cell phone companies say their networks are secure now from a Chinese hack nicknamed Salt Typhoon. But the U.S. government is still urging people who are in senior government or senior political positions to use encrypted messaging on mobile devices. Also on the program: Economist Julia Coronado discusses why she’s waiting to make economic predictions for the year ahead, and the Cook Islands contemplate deep sea mining.
Transcript
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| 0:22.4 | Marketplace.org slash donate or follow that link in the show notes. |
| 0:28.2 | Let us update one of the biggest telecom hacks ever. |
| 0:32.7 | I'm David Brancaccio in New York. |
| 0:34.9 | The major cell phone companies say their networks are secure now and clear from a Chinese hack that has been nicknamed Salt Typhoon. But the U.S. government is still urging what they call highly targeted individuals to use encrypted messaging. Marketplaces Nancy Marshall-Genzor has the latest. |
| 0:52.0 | The Cybersecurity and Infrastructure Security Agency, or SISA, says people who are in senior government or senior political positions should assume that all communications on their mobile devices are at risk of interception or manipulation. |
| 1:08.1 | SISA wants them to use end-to-end encrypted communications like signal that have |
| 1:13.0 | features like disappearing messages and images. The warning comes after federal officials said |
| 1:18.3 | at least eight telecom companies in the U.S. were hit by the salt typhoon hack run out of China. |
| 1:24.8 | Beijing denies this. AT&T issued a statement saying China targeted a small number of |
| 1:30.3 | individuals of foreign intelligence interest, but that, quote, we detect no activity by nation-state |
| 1:36.7 | actors in our networks at this time. Verizon says a small number of high-profile customers in |
| 1:42.9 | government and politics were specifically targeted, |
| 1:46.1 | but says it's now contained the cyber incident. I'm Nancy Marshall Genser for Marketplace. |
| 1:52.3 | On this very last Monday of 2024, let's check in with economist Julia Coronado, |
| 1:57.9 | founder and president of macro policy perspectives in Austin. Morning. |
| 2:02.3 | Good morning. Tis the time of year where we make bold pronouncements about the year gone by and the |
| 2:08.9 | year ahead. Sounds like you're not in the mood. I like to avoid doing that at this time of year. |
| 2:14.9 | Traders go home. Markets are thin. The signals that we're getting |
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