• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Technology Market
    Technology News
    Technology Stocks
    • Technology Market
    • Technology News
    • Technology Stocks
    market news

    Chinese Cybersecurity Attacks Continue After Xi Junping's U.S. Visit

    Morag Mcgreevey
    Oct. 19, 2015 01:45PM PST
    Technology Investing News

    Security services provider CrowdStrike claims that Chinese cyber attacks on American companies have continued, in the wake of Chinese President Xi Jinping’s meeting with President Obama three weeks ago.

    Security services provider CrowdStrike claims that Chinese cyber attacks on American companies have continued, in the wake of Chinese President Xi Jinping’s meeting with President Obama three weeks ago.

    According to the New York Times:

    With President Xi Jinping of China beside him at a news conference in the White House Rose Garden last month, President Obama said the two had come to an agreement that China and the United States would refrain from cyberattacks aimed at pilfering company intellectual property or trade secrets for commercial advantage.

    Less than a day after that announcement and after Mr. Xi had met in Seattle with the executives of leading American technology companies, a hacking group accused of having links to the Chinese government attacked one such company, looking for trade secrets.

    In a blog post on Monday, the security services provider CrowdStrike, based in Irvine, Calif., said that it had tracked a number of attacks on American tech and pharmaceutical companies leading up to and after Mr. Xi’s visit to the United States last month. (Mr. Xi has been logging airtime, making his first state visit to Britain this week.)

    “We detected and stopped the actors, so no exfiltration of customer data actually took place,” according to the post, written by the CrowdStrike co-founder and chief technology officer Dmitri Alperovitch.

    But more problematic, he wrote in the post, was that the attacks had continued in the three weeks since Washington and Beijing signed the cybersecurity agreement.

    The news of further hacking attempts is likely to put new pressure on the countries’ agreement to limit attacks on private companies. A number of analysts had already expressed skepticism that the accord would lead to concrete changes in a Chinese policy they say has sought for years to plunder secrets from companies in the United States.

    Click here to read the full article on the New York Times.

     

    cyber attackschinamarket newsunited states
    The Conversation (0)

    Go Deeper

    AI Powered
    Graphic of a shield and icons representing banks, computers and the cloud.

    Cybersecurity Stocks: 10 Biggest Companies in 2025

    BlackBerry's Quarterly Threat Intelligence Report Finds Banks, Healthcare Providers and Food Retailers are Top Targets for Cybercrime

    BlackBerry's Quarterly Threat Intelligence Report Finds Banks, Healthcare Providers and Food Retailers are Top Targets for Cybercrime

    Latest News

    CORRECTED: CHARBONE Hydrogen is Acquiring Hydrogen Production Assets and Closing a First Tranche of $1M Private Placement Financing

    CORRIGE: CHARBONE Hydrogene acquiert des actifs de production d'hydrogene et cloture une premiere tranche d'un financement par placement prive de 1 M$

    CoTec Holdings Corp. Notes HyProMag USA Press Release Regarding Capacity Expansion Concept Study

    Charbone Hydrogen is Acquiring Hydrogen Production Assets and Closing a First Tranche of $1M Private Placement Financing

    Charbone Hydrogene acquiert des actifs de production d'hydrogene et cloture une premiere tranche d'un financement par placement prive de 1 M$

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×