Chinese Cyberhacks Continue Despite Agreement

On October 19, the New York Times reported that Chinese cyberattacks targeting American intellectual property and trade secrets has continued despite an agreement between President Obama and Chinese President Xi Jinping that the two would refrain from attacks "aimed at pilfering company intellectual property or trade secrets for commercial advantage." Since the agreement, a number of attacks on American technology and pharmaceutical companies were traced back to China-affiliated actors. The Chinese government showed some progress towards stopping cyberattacks on the United States when it arrested a number of hackers who were said to have stolen secrets of American Companies, but the persistence of attacks is a large setback. Read more in the full New York Times article.