Workers at hydro and nuclear power companies participate in a counter-cyber-attack drill following a data breach at a South Korean nuclear reactor on Dec. 22, 2014.
Major U.S. government departments and some 18,000 public and private organizations worldwide have fallen victim to the hacking of software company SolarWinds. “More links between SolarWinds board members and the Chinese Communist Party continue to emerge.
Prior to the hack, Sunbreeze acquired J.D. Power, a leading U.S. market research and consulting firm, for $1.88 billion from XIO Group, a mysterious Chinese company based in Hong Kong.
“Sunbreeze was acquired by private equity firms Silver Lake and Thoma Bravo in 2016. According to Sunwind’s website, one of its board members, Seth Boro, was instrumental in the creation of the private equity firm Thoma Bravo and currently serves on the boards of several software and technology services companies advised by and invested in by Thoma Bravo. He currently serves on the boards of several software and technology services companies advised and funded by Thoma Bravo.
In 2019, Thoma Bravo acquired Junti, a Delaware-based company, from XIO Group for $1.88 billion, according to the U.S. news site Axios. “a Delaware-based data analytics and market research company that provides data analysis and market research for dozens of industries, for $1.88 billion.
According to data platform PitchBook, XIO acquired Cundy in 2016 for about $1.1 billion. The Wall Street Journal reported in 2018 that the ownership of XIO, a Chinese company, is unclear. Most XIO employees had little knowledge of its funding sources, and some of XIO’s advisors received money from different accounts.
After a year in Hong Kong, XIO opened its headquarters office in London’s The Shard in 2015. According to a public document from the Communist Party’s Ministry of Commerce, a fund called Shanghai Lihong Investment Consulting Co. invested hundreds of millions of dollars from mainland China in an acquisition by XIO, which a spokesman said controls Shanghai Lihong.
Hong Kong billionaire Kenneth Hao is a member of Sunwind’s board of directors and also serves as managing partner and managing director of Silver Lake Capital, according to Sunwind’s website. According to Silver Lake’s website, Kenneth Hao led the establishment of the firm’s offices in China and Japan and led Silver Lake’s investment in Alibaba Group from 2008-2011.
After the Sunwind hack came to light, many in the U.S. mainstream media claimed that Russia was responsible for the hack. But whether it was Russia, has not been confirmed.
Trump tweeted on Sunday that the cyber hack was much more serious than the fake media reported, and that when cyber attacks occur, the priority for the U.S. is always Russia, and fears discussing the possibility that it came from the Chinese Communist Party.
Trump also pointed out that in the election, the U.S. voting machines may also have been attacked by the network.
“The relationship between Sunwind and Dominion Voting Systems and the Chinese Communist Party is likely to be increasingly revealed as Trump awaits an official report from Director of National Intelligence (DNI) John Ratcliffe on foreign interference in the election. The official report on foreign interference in the election is awaited.
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