Gemalto Investigates Alleged Hacking U.S., UK spies
Published By : 20 Feb 2015 | Published By : QYRESEARCH
Gemalto, the company that manufactures chips for phones, stated on Friday that it was investigating a report about U.S. and British spies hacking its systems to steal the data about privacy-protecting encryption keys present in the chips that the company makes for mobile phones.
Speaking about the documents that were provided by hacking expert Edward Snowden, the company stated that the hacking helped the hackers in monitoring a large volume of voice and data mobile communications from across the world without any prior permission from governments and telecom companies who had a proprietary right on the data.
After the news website Intercept reported about the hacking of Gemalto’s systems, the company’s shares reduced by as much as 10% in heavy volumes in early trading.
Gemalto has stated that it has taken the publication very seriously and has decided to devote all the necessary energy and resources that it would take to investigate the matter completely. The company added that it is also devoted to understand in depth the breadth and scope of the sophisticated techniques that were involved in the hacking.
The hacking, presumably undertaken by National Security Agency (NSA) and the Government Communications Headquarters (GCHQ) of the UK, had allowed these agencies in monitoring data and voice mobile communications from around the world. Details about the hack were detailed in a secret document of the GCHQ of 2010, added Intercept.
Gemalto is a Franco-Dutch company that manufactures smart chips for bank cards, mobile phones, biometric passports, and many other things, has giant consumers such as Vodafone, Verizon, AT&T Inc. among its more than 450 wireless network providers from around the world.