News
Symantec Discovers Highly Sophisticated Chinese Hacking Tool
In its research report, Symantec calls the tool Daxin and describes it as the most advanced piece of malware researchers have seen.
In August 2021, the Cybersecurity and Infrastructure Security Agency (CISA) established the Joint Cyber Defense Collaborative (JCDC), a public-private cybersecurity information sharing partnership whose purpose is to unify defensive actions and drive down risk in advance of cyber incidents occurring. Now, one JCDC member, American cybersecurity software company Symantec, has discovered a never-before-seen hacking tool that has been successfully hiding for over a decade.
In its research report, Symantec calls the tool Daxin and describes it as the most advanced piece of malware Symantec researchers have seen.
Based on instances where components of the tool were combined with known Chinese hacking infrastructure, it’s almost certain that Daxin has originated from China. What’s more, the computers on which Daxin was discovered were also infected with other tools Chinese espionage actors are known to use.

“The malware appears to be used in a long-running espionage campaign against select governments and other critical infrastructure targets” explains Symantec’s Treat Hunter Team. “Most of the targets appear to be organizations and governments of strategic interest to China”.
Daxin allows attackers to perform various communications and data-gathering operations, and it appears to be optimized to perform especially well against hardened targets that can withstand less sophisticated attacks.
Also Read: How To Change Your Wi-Fi Password To Keep Intruders At Bay
“Daxin can be controlled from anywhere in the world once a computer is actually infected” said Vikram Thakur, a technical director with Symantec. “That’s what raises the bar from malware that we see coming out of groups operating from China”.
Since the initial discovery of Daxin, the U.S. government has shared the information with foreign partners to collectively stop the tool from spreading from country to country and from network to network.
So far, no organization in the United States has been infected by Daxin, but previous experience with malware like NotPetya, which was created by Russia to attack Ukrainian infrastructure, tells us that heightened caution is appropriate.
News
NEOPAY Wants To Follow Merchants Across Channels And Borders
A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.
It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.
The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.
For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.
“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.
Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country
NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.
The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.
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