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US, China Tackle Cyber Crime as Talks Start

Dec 02 , 2015

U.S. and Chinese officials on Tuesday kicked off talks aimed at improving cooperation on commercial cyber espionage investigations.

In the first official cybersecurity dialogue between the two countries since early 2014, Beijing representatives joined the heads of the Justice and Homeland Security Departments, and FBI and intelligence community officials, to discuss the logistics of responding to reports of commercial espionage.

The digital theft of corporate secrets has emerged as one of the major irritants between the global powers. American businesses say Chinese cyber theft is costing them hundreds of billions of dollars each year, while eroding their competitive edge in the global market.

FULL STORY HERE


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