Taiwan Struggles To Combat Attacks From China

Cyber crime, online fraud and copyright infringement are growing rapidly in Taiwan as law enforcement officials, law makers and the courts struggle to stay abreast of the problem, according to a local prosecutor says.

The U.S. Chamber of Commerce held a press conference this morning to unveil details surrounding a National Strategy for Trusted Identities in Cyberspace, or NSTIC as they are calling it.

While the press conference was somewhat vague in terms of specifics, the initiative appears to be designed to build a voluntary transactional ecosystem of trust between businesses and individuals online, or, more generally between anyone or thing attempting to transmit money, goods, or ideas online.

Back in January, Threatpost covered a story originally reported by Julien Sobrier of Zsacaler. Sobrier discovered that the websites of a number of prominent American universities and government institutions had been hijacked and were redirecting fake online stores. As it turns out, some of the sites mentioned in the initial report continue to do so.

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