Well, it’s Monday and I I honestly thought we’d moved past the era of major telecom hacks, but nope—here we are again, neck-deep in another cyber “clusterf**k”. This time, T-Mobile’s the lucky contestant in a game of “Who Got Hacked by China?” (because of course it was China). And the best part? It’s not just your run-of-the-mill degenerate hackers–Nah, T-Mobile just got its skirt lifted by friggin ‘state-sponsored hackers. Yeah… bigly bad. 

(Source: Giphy) 

In short, T-Mobile’s network was breached in a months-long hacking campaign orchestrated by a group with not one, but three melodramatic names: "Salt Typhoon," "Earth Estries," and "Ghost Emperor"—because if you’re going to hack a major telecom, you may as well sound like a rejected/terribly scripted villain from Deadpool LOL. 

(Source: Wall Street Journal) 

But apparently, these nerd burglars that were linked to Chinese intelligence didn’t just stop at T-Mobile–they went after a charcuterie board of U.S. and international telecom giants. The mission? Keep tabs on the U.S., presumably to make sure The Don ain’t doing anything mischievous that would impact China’s communist agenda. 

Now, again, let all that sink in for a minute. Sure, T-Mobile is “closely monitoring” the situation (probably putting band-aids over a gaping wound in their cyber security defenses while pretending everything is totally under control)--and sure, no significant impact to their systems or customer data was compromised… but, in simple terms, sh*t just got real. 

(Source: Giphy) 

This is China we are talking about. Numero Dos in world powers behind the Great U.S.of A. And while T-Mobile is downplaying the whole thing, federal agencies like the FBI and CISA (that’s the U.S. Cybersecurity and Infrastructure Security Agency), are waving some serious no-no flags. Why? Well, you don’t have to be a genius to understand that these hackers weren’t just swiping random cat memes—they were intercepting surveillance data.

As in, the kind of data law enforcement uses for court-authorized wiretaps. Yeah, those systems. Systems where confidential information of our nation has been mentioned, and dirty deals have been made to keep Hunter Biden out of prison (kinda kidding, kinda not, but you get the point). 

(Source: Giphy) 

Now with that said, even though T-Mobile was at the top of the list of this cyber penetration, they weren’t the only ones that were caught with their pants down. In fact, according to reports  Verizon, AT&T and Lumen Technologies were also impacted as the interceptors apparently made off with call records, private communications, and details about law enforcement surveillance requests. Translation: The main target list was none other than high-ranking government officials - a.k.a. folks making decisions that actually impact national security.

(Source: Forbes) 

What’s sort of comical though, is that you have to give these hackers credit. They picked the perfect low-hanging fruit to eavesdrop on the government's most juicy players as T-Mobile just got done settling a bigly $31.5 million payout to the FCC earlier this year over—you guessed it—data breaches. Classic. 

(Source: Reuters) 

So yeah, this is not a good look for T-Mobile or for our weird relationship with China. Now, to be fair though, it’s not like T-Mobile has done absolutely nothing for all its mistakes (you know, like knowing your cars have defunct back-up cameras, but not doing a dang thing about it? Ford, anyone). For instance, T-Mobile has rolled out things like "zero-trust architecture" and "phishing-resistant multi-factor authentication"—which sounds impressive until you realize it’s basically the cybersecurity equivalent of putting up a better fence after the horse has already bolted.

But again, when you’re responsible for billions of dollars in critical communications infrastructure, the thoroughness needs to be top-tier. So with that said, where does that leave us going forward? Well, if I had to bet, we’re going to be hearing a lot more about state-sponsored hackers poking around the telecom industry. 

(Source: Giphy) 

It’s a prime target—these companies are the backbone of everything from emergency services to government ops. And when your job is to steal state secrets, why not go straight to the source?That’s exactly what China and our other foreign adversaries are thinking. For now though, let’s just T-Mobile and its rag tag team of ‘cyber experts’ are more ready for round two than Mike Tyson was last Friday (We all know it was rigged). 

In the meantime, keep your eyes on the telecom industry and as always, stay safe and stay frosty, friends! Until next time…

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Stocks.News holds positions in T-Mobile, Verizon, AT&T, Ford, and Lumen Technologies as mentioned in the article.