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2018-03-30 China-Japan-Koreas
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US trade report lays bare Chinese government cyber-espionage
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[ATimes] Report charges Chinese attacks service strategic objectives that are aligned with national industrial policies. Plausible deniability is maintained.
China’s government is engaged in a systematic program of cyber attacks on American and foreign companies, according to a US government trade report made public last week.
The cyber intrusions into corporate networks are one of four areas identified by the office of the US Trade Representative as unfair trading practices. These have prompted the administration of US President Donald Trump to impose tariffs on Chinese products in the coming weeks.
The other areas outlined in the USTR report include restrictions on businesses operating in China designed to induce technology transfers, and systematic acquisitions of technology companies to obtain advanced commercial know-how.
“Estimates of the losses of cyber theft alone are in the hundreds of billions of dollars.”
On cyber attacks, the 215-page report states that for over a decade “the Chinese government has conducted and supported cyber intrusions into US commercial networks targeting confidential business information held by US firms.”
It adds that: “Through these cyber intrusions, China’s government has gained unauthorized access to a wide range of commercially-valuable business information, including trade secrets, technical data, negotiating positions, and sensitive and proprietary internal communications.”
The report concludes that the cyber intrusions and information exfiltration poses “a grave threat” to the economy and competitiveness of the US.
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Posted by 3dc 2018-03-30 00:00||
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File under: Commies
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Posted by Gleremble Big Foot8836 2018-03-30 13:35||
2018-03-30 13:35||
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