Chinese bank requires foreign firm to install app with covert #backdoor.
A large, multinational technology company got a nasty surprise recently as it was expanding its operations to China. The software a local bank required the company to install so it could pay local taxes contained an advanced backdoor.
#infosec #cybersecurity
https://arstechnica.com/information-technology/2020/06/chinese-bank-requires-foreign-firm-to-install-app-with-covert-backdoor/