Lines between state-backed hackers and criminals ‘blurring’, says Kinetic IT executive

Cyber Threat Report Reveals Blurred Lines

The Annual Cyber Threat Report 2024-2025 highlights the increasingly thin line between nation-state actors and financially motivated hackers.

A key takeaway from the report, released by the Australian Signals Directorate's Australian Cyber Security Centre (ASD's ACSC), is the complex relationship between state-backed hackers and cyber criminals.

APT40 regularly conducts malicious activities against Australian and regional networks that possess information of value to the PRC

The report specifically mentions a threat actor backed by the People's Republic of China (PRC), tracked as Kryptonite Panda, Gingham Typhoon, and Leviathan.

Author's summary: Nation-state hackers and cyber criminals are increasingly using similar tactics.

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Cyber Daily Cyber Daily — 2025-10-15