Money Matters: Jeep, Apple hacked

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February 20, 2013, 8:42 am
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(NECN/AP) - Here's a rundown of the morning's developing business headlines, which may impact stock performance:

- Apple says Macs at its offices hacked; hackers get into Jeep's Twitter account


Two major U.S. corporations are reporting they've been the target of hackers.
 
Apple says a small number of Mac computers at its offices were infected by malicious software, in an attack similar to the one Facebook acknowledged last week. In both cases, computers were infected through software downloaded from a site for software developers. The attacks took advantage of flaws in the Java plug-in for Web browsers.
 
The Java vulnerability is well known, and in January, the U.S. Department of Homeland Security recommended disabling Java in Web browsers to avoid hacking attacks.
 
Meanwhile Chrysler says someone hacked into the Jeep brand's twitter account yesterday, making false Tweets for about an hour. Hackers posted that the Jeep brand had been sold to Cadillac because employees had been caught using pills. They also posted that there would be no more Jeep production.
 
The move was similar to an incident involving Burger King on Monday, although it's unclear if the two incidents are linked.

- US ready to strike back against China cyberattacks


Public evidence is mounting that the Chinese military is responsible for stealing massive amounts of U.S. government data and corporate trade secrets, and that's prompting the Obama administration to plan trade actions against countries caught at cyberespionage.
 
According to officials familiar with the plans, the White House is eyeing fines, penalties and other trade restrictions. The officials say the new strategy will be released today.
 
The White House plans come after a Virginia-based cybersecurity firm released a torrent of details that tied a secret Chinese military unit in Shanghai to years of cyberattacks against U.S. companies. After analyzing breaches that compromised more than 140 companies, Mandiant has concluded that they can be linked to the People's Liberation Army's Unit 61398.
 
Military experts believe the unit is part of the People's Liberation Army's cyber-command, which is under the direct authority of the General Staff Department, China's version of the Joint Chiefs of Staff.

Watch the attached video for more business headlines.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Tags: White House, Apple, business , money, Money Matters, Jeep, hacker, insider trading, the morning show, cyberattacks, Heinz
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