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Surge in China theft of Australia company secrets: Report

China has been angered by a recent Australian report alleging a spike in cyberattacks originating with China’s Ministry of State Security, working to steal intellectual property. The report cites high level government officials, with corroborating statements and evidence provided by private security firms. “The [malicious] activity is mainly from China and it’s targeting all sectors. There’s no doubt the gloves are off,” stated a VP at one US cyber-security company. The accusations fly in the face of a recent agreement between Australia and China that neither government will not “conduct or support cyber-enabled theft” of intellectual property or other protected data. China’s Foreign Ministry spokesman dismissed the report and the accusations as being “unprofessional, irresponsible,” and as having “ulterior motives.” “They are only playing up tensions and confrontation and do not help to maintain the common security of cyberspace.” As a part of the Five Eyes intelligence sharing pact, Australia has access to information that has helped it identify and track increasingly aggressive Chinese activity in its politics and economy. 

Source: Surge in China theft of Australia company secrets: Report, Australia/NZ News & Top Stories – The Straits Times

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