New cyber attack targets chemical firms: Symantec

http://www.reuters.com/article/2011/10/31/us-cyberattack-chemicals-idUSTRE79U4K920111031

At least 48 chemical and defense companies were victims of a coordinated cyber attack that has been traced to a man in China, according to a new report from security firm Symantec Corp.

Computers belonging to these companies were infected with malicious software known as "PoisonIvy," which was used to steal information such as design documents, formulas and details on manufacturing processes, Symantec said on Monday.

It did not identify the companies, but said they include multiple Fortune 100 corporations that develop compounds and advanced materials, along with businesses that help manufacture infrastructure for these industries.

"The purpose of the attacks appears to be industrial espionage, collecting intellectual property for competitive advantage," Symantec said in a white paper on the campaign, which the company dubbed the "Nitro" attacks.