Security researcher shares blow-by-blow account of advanced persistent threat

Hackers are brazenly infiltrating corporate networks to steal valuable data for purposes of sharing it with other companies or nation-states — and they’re getting away with it, say security researchers sharing war stories at the Hacker Halted conference in Miami this week.

“Unfortunately, IDS [intrusion-detection systems] didn’t detect them,” said Gianni Gnesa, security researcher at Ptrace Security, based in Switzerland, who described a recent attack on a Swiss firm to steal important data.