China’s Economic Cyber-Spying Drops Post Sept Talks: US Official

Cyber-espionage activities coming out of China appear to have dropped after September talks in which the country said it would stop supporting the hacking of US trade secrets, Reuters says quoting US Assistant Attorney General John Carlin.

This statement finds support in a recent report from security firm FireEye, which witnessed a dramatic 90% drop in breaches by China-based groups in the last two years.

Speaking at the Center for Strategic and International Studies think tank in Washington, Carlin said last year’s talks with China and Group of 20 nations were vital to a uniform cyber law. However, he says it remained to be seen how long this reduction in hacking activities would last. Carlin added that private sector and US intelligence officers were "better positioned to assess hacking trends."

For details, click here.