A cyber hacking Chinese group known as Hidden Lynx is being hired to launch attacks on American banks and government organizations in order to obtain some sensitive information for its clients.
The group is formed by about 100 skilled hackers that utilize sophisticated techniques to target hundreds of organizations at the same time. Financial institutions are the most commonly attacked and hacked. According to a report from CrowdStrike half of the group’s targets have been in the United States but also Taiwan, Germany, Russia and China itself.
For the last 2 years a software company named Symantec has been trying to track the group. Symantec wrote in a blog post that Hidden Lynx is most likely a professional hacker-for-hire operation that is contracted by clients to provide information. It also wrote that they steal on demand, whatever their clients are interested in, hence the wide variety and range of targets.
Unlike the other famous hacker groups such as Anonymous and LulzSec that seem to be motivated by desire to cause mischief, Hidden Lynx is most interested in monetary gain. They are considered to act like online bounty hunters. Clients will pay huge amounts of money in order to have the desired information to gain advantage in commercial deals and/or geopolitics.
According to Symantec, most of the attack infrastructure and tools used during the attacks were found to originate from China.