More Chinese cyber attacks on US firms: Experts

Chinese President Xi Jinping with US counterpart Donald Trump in Beijing last November. A new US national cyber strategy unveiled by Mr Trump says "China engaged in cyber-enabled economic espionage and trillions of dollars of intellectual property th
Chinese President Xi Jinping with US counterpart Donald Trump in Beijing last November. A new US national cyber strategy unveiled by Mr Trump says "China engaged in cyber-enabled economic espionage and trillions of dollars of intellectual property theft".PHOTO: AGENCE FRANCE-PRESSE

There has been a marked increase in Chinese cyber espionage against American companies over the past two years, according to US experts.

US cyber-security groups retained to fend off attacks on corporate clients said there was a lull in Chinese attacks following a 2015 bilateral agreement to end government-sponsored hacking. But they now say attacks are back at or above the pre-accord level, and are targeting trade secrets.

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A version of this article appeared in the print edition of The Straits Times on October 06, 2018, with the headline 'More Chinese cyber attacks on US firms: Experts'. Print Edition | Subscribe