US says China's Volt Typhoon is readying destructive attacks
Briefly

"Volt Typhoon's choice of targets and pattern of behavior is not consistent with traditional cyber espionage or intelligence gathering operations, and the US authoring agencies assess with high confidence that Volt Typhoon actors are pre-positioning themselves on IT networks to enable lateral movement to OT assets to disrupt functions," the 12 government agencies warned.
This follows last week's similar warning from FBI Director Christopher Wray that Chinese attackers are preparing to "wreak havoc" on American infrastructure, and the Justice Department's disclosure that Volt Typhoon infected "hundreds" of outdated Cisco and Netgear equipment with malware in an attempt to break into US critical infrastructure.
Read at Theregister
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