Chinese hackers spied on thousands of companies after breaching IT giant ConnectWise

The breach of ConnectWise’s cloud backup service shows how a single compromise at an IT management vendor can cascade into thousands of downstream enterprises, exposing email and files through stolen application credentials. For CIOs and technology leaders, the key takeaway is that third-party access, backup platforms, and identity controls are now core business-risk surfaces, especially as attackers use AI-driven automation to scale intrusion attempts far faster than many defenses can respond.