China has a reputation as a center for international hacking, so why would a U.S. security company want to set up shop there? Before hackers launch their international escapades, they typically cut their teeth in their local markets, explained Rakesh Loonkar, president of Trusteer, which announced last week that it was opening an office in China. "What we're seeing in China, as well as in Russia and Eastern Europe, many of the fraudsters are trying all their techniques out locally before expanding internationally," he said.
Tuesday, April 9, 2013
Trusteer Ventures Into the Chinese Hackers' Den
China has a reputation as a center for international hacking, so why would a U.S. security company want to set up shop there? Before hackers launch their international escapades, they typically cut their teeth in their local markets, explained Rakesh Loonkar, president of Trusteer, which announced last week that it was opening an office in China. "What we're seeing in China, as well as in Russia and Eastern Europe, many of the fraudsters are trying all their techniques out locally before expanding internationally," he said.
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