China MNS Warns Against Data Leak Scheme Involving Crypto Rewards

China’s Ministry of National Security has initiated a concerted effort to combat a scheme utilizing cryptocurrencies for illegal collection and dissemination of sensitive map data. Recent investigations have unearthed a concerning pattern where overseas map companies entice domestic individuals with crypto rewards.

China MNS Unveils Crypto-Driven Data Leak Scheme

In a statement, the China MNS noted that several overseas map companies encourage users to engage in unauthorized data gathering. This poses significant threats to China’s national security. The scheme employed by these overseas entities involves luring individuals to use specialized tools for ‘checking in’ on maps, promising rewards in virtual currencies as compensation.

However, what they don’t know is that this seemingly legitimate task conceals the illicit acquisition of critical information pertaining to transportation networks, key infrastructure, and military installations. Moreover, recognizing the grave implications of such data breaches, the China MNS has initiated a comprehensive crackdown on this emerging threat. For this purpose, the MNS has collaborated with relevant departments.

Furthermore, stringent legal measures are being pursued to investigate and address both domestic and foreign entities involved in the illegal collection and export of China’s sensitive map data. In addition, it is underscored that the involved parties have violated regulations by engaging in surveying and mapping activities without the requisite authorization. This involved violation of key provisions outlined in the Counterespionage Law, Surveying and Mapping Law, and Data Security Law.

What Penalties Are Imposed For Such Crimes?

The Counterespionage Law of China stipulates severe penalties for individuals, organizations, or entities involved in theft, espionage, bribery, or illegal provision of data related to national security interests. Whether orchestrated by foreign entities or in collusion with domestic counterparts, such activities constitute criminal offenses.

The China Ministry of National Security’s intensified efforts underscore the nation’s unwavering commitment to safeguarding its interests. Moreover, it’s ensuring the integrity of its map data amid the increasing involvement of crypto in crimes. Hence, the China MNS emphasized that it is imperative for both governmental bodies and the public to remain vigilant and proactive in identifying and addressing emerging threats to national security posed by the misuse of technology and cryptocurrencies.