For years, intelligence agencies and private security experts have warned that Chinese hackers are trying to steal Western corporate secrets. The cries have grown ever louder as the attacks have become bolder and signs of government involvement have surfaced. In a forthcoming book, Eric Schmidt, the executive chairman of Google, reportedly brands China “the most sophisticated and prolific” hacker of foreign companies.Chinese hacking has outraged many American politicians, leading to noisy hearings in Congress and a backlash against Chinese firms. Earlier this month the Obama administration declared its intention to go on the cyber-security offensive. Europe, China’s biggest trade partner, is angry, too. The European Commission is considering forcing hacked companies to reveal their woes to the authorities.
www.economist.com/news/china/21572228-evidence-mounting-chinas-government-sponsoring-cybertheft-western-corporate
Evidence is mounting that China’s government is sponsoring the cybertheft of Western corporate secrets. What should America do to stop it?
For years, intelligence agencies and private security experts have warned that Chinese hackers are trying to steal Western corporate secrets. The cries have grown ever louder as the attacks have become bolder and signs of government involvement have surfaced. In a forthcoming book, Eric Schmidt, the executive chairman of Google, reportedly brands China “the most sophisticated and prolific” hacker of foreign companies.