Shares of Chinese Phone Maker Xiaomi Fall After Investigation in Lithuania | Business



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The National Cyber ​​Security Center (NCSC) on Tuesday released its study, which reports that Huawei, Xiaomi and OnePlus phones made in China have four major cyber security risks.

Disseminated among the Lithuanian media, the NKSC findings were subsequently disseminated to many of the major foreign media outlets. The study was reported by the major news agencies Reuters, AFP, Bloomberg.

It is true that the company’s shares have been declining for some time. This is from June 3. they lost 26.3 percent. values.

Both Xiaomi and the Chinese press denied the findings of the NKSC report. An article in the state newspaper Global Times claims that Lithuania has started to politicize economic relations, which will affect its own interests.

The two risks identified were related to devices installed in the manufacturer’s devices, one with the risk of personal data leakage and the other with possible restrictions on freedom of expression, according to the NCSC.

Three risks have been identified at the Xiaomi manufacturer’s facilities. The researchers attributed the cybersecurity risk to the browser from the manufacturer Xiaomi, which uses not only the Google Analytics standard, but also a Chinese module that periodically collects and sends 61 parameter data about user actions on the phone.

The researchers also found that the Xiaomi device has the technical ability to censor the content it downloads. Even some of the manufacturer’s devices on your phone periodically receive a manufacturer-generated list of 449 blocked keywords, such as “Free Tibet,” “Voice of America,” according to which the device automatically blocks such content.

“We discovered that the content filtering function of Xiaomi phones sold in Lithuania has been disabled, but the device has the technical ability to remotely activate this filtering function and start analyzing downloaded content at any time without the knowledge of the user “, said the head of the Department of Innovation and Training of NKSC Tautvydas Bakšys.

The researchers also found that when a user chooses to use the Xiaomi Cloud service, Xiaomi Cloud sends an encrypted SMS log message from the device, which is not saved anywhere else later on. This poses a risk of personal data leakage.

The NKSC indicated that the Chinese manufacturers Huawei, Xiaomi and OnePlus were selected for the security investigation because, according to an international database of cyber vulnerabilities, cyber security risks – Huawei – had been identified in all the facilities of these manufacturers during the last four years. 144 vulnerabilities were registered, Xiaomi 9 and OnePlus one.



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