The bad week for cybersecurity just got worse for thousands more companies, who were spied on by Chinese hackers following the breach of IT management and remote access giant ConnectWise
Security researchers at Microsoft say the China state-aligned hackers broke into ConnectWise's cloud backup service and stole application credentials that are used to establish data links between ConnectWise and its corporate customers, who rely on the cloud service to back up their company's data
By stealing the credentials, the hackers could log in to the customer's Microsoft-hosted environment as if they were an authorized user and access their emails and other files
