November 06, 2014
China’s Cyber Moves Hurting Beijing
A new report by an arm of the U.S. Director of National Intelligence confirms what officials have privately lamented for several years: the United States is the target of a vast array of cyber attacks, many focused on stealing intellectual property, originating in China. The report highlights the costs that worry American officials and corporate leaders, including the loss of expensive technology, the theft of military applications, and the undermining of the information-intensive U.S. economy. Indeed, vast economic espionage, conducted largely through cyber-operations, can diminish the United States’ strategic competitiveness. But there’s a flip side to Beijing’s cyber offensive – the strategic costs it imposes on China itself.
Read the full article at The Diplomat.