Breaking News

Five Chinese Military Officers Charged with Hacking into American Companies
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Washington Officials have argued for years over cyber espionage, it is one of the nation’s top national security concerns because foreign hackers have stolen secrets from defense contractors as well as technology secrets that could possibly threaten U.S. prosperity.

In the toughest action taken by Washington to address cyber spying, according to Reuters, a U.S. grand jury has indicted five Chinese military officers on charges of hacking into American companies for information on nuclear plant design, solar manufacturing and other secrets. The U.S. companies involved are in nuclear energy, steel manufacturing and solar energy.

  
What
Where


China denied the charges and said that they were “made up,” and this would damage trust between the two nations. Reuters has reported that the Chinese foreign ministry has said that it would suspend the activities of a Sino-U.S. Internet working group.

According to the L.A. Times, Attorney General Eric H. Holder Jr. said at a news conference in Washington that the hacked companies and organizations included U.S. Steel Corp., Westinghouse, Alcoa, Allegheny Technologies, the United Steel Workers Union and U.S. subsidiaries of Solar World, a German company.

Officials have declined to estimate the size of the losses to the U.S. companies at issue, but said they were “significant.” Frank Asbeck, Solar World CEO said in a statement according to Reuters that, “We are happy that the American government is taking the initiative now and we support the U.S. authorities’ investigations to investigate this under criminal law.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Monica Orbe, an Alcoa spokeswoman said that, “To our knowledge, no material information was compromised.” Reuters has also reported that U.S. Steel declined to comment on the issue.

“This is a case alleging economic espionage by members of the Chinese military…to advantage state-owned companies and other interests in China,” U.S. Attorney General Eric Holder reported at a recent press conference, according to the National Post.



Image credit: www.cbc.ca



 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Insurance Defense Trial Attorney/ Senior Counsel

USA-CA-San Francisco

Job description Trial Attorney - Personal Injury Defense Full Job Description Hickey Smith ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top