Exact(1)
China has been in the cyber intrusion and cyber stealing business for years.
Similar(59)
In Depth: Post-Thanksgiving Cyber Steals.
Known tactics in this new cold war include Chinese cyber-spies stealing secrets relating to the US military's F-35 stealth jet to build a clone warplane.
Obama added, referring to corporate cyber espionage, "It's been estimated that last year alone cyber criminals stole intellectual property from businesses worldwide worth up to one trillion dollars".
Last week, WikiLeaks released an archive of cyber tools stolen from the C.I.A.; it was hardly a surprise that the C.I.A. spies on phones and computers, even if it was news that the agency might hijack a Samsung television and use it as an eavesdropping tool.
Cyber criminals steal money from banks.
Cyber spies steal data from military computers.
Cyber thieves stole $5 million worth of Bitcoins from Bitstamp, and destroyed Mt. Gox and Flexcoin.
President Obama has said that it's "been estimated that last year alone cyber criminals stole intellectual property from businesses worldwide worth up to one trillion dollars".
The Chinese, especially under President Xi, are making it difficult, for example through cyber-stealing of industrial secrets and by making it hard for American companies to do business in China.
"Encryption stops cyber criminals from stealing our personal information, and helps prevent unlawful government surveillance of our communications," the report reads.
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