Today the United States Department of Justice announced a formal indictment against individual Chinese military officials for hacking into US companies.
For years China has turned to hacking to close the technology gap between them and other nations. Termed “cyber-espionage”, Chinese hackers targeted hi-tech US companies and stole confidential research and development data.
From the Chinese side it is a very lucrative form of industrial espionage, it costs them very little to do and they have recovered millions if not billions of dollars of research data and have significantly reduced their R&D time.
The US apparently has had enough and is preparing a formal court case against them – For what it is worth.
“This is a tactic that the United States government categorically denounces. This case should serve as a wake-up call to the seriousness of the ongoing cyberthreat,” Attorney General Eric Holder said.
The chances that China will admit to hacking or turn over anyone involved are very slim. They have already denied the accusations as false, but I guess you need to start somewhere.