China’s Cyber Espionage Threat Dwindles

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In September 2015, China agreed to a series of accords with the US, UK, and G20 barring Beijing from conducting cyber-enabled economic espionage with parties around the world. Since, the key question has been: is China complying with those agreements?

  • FireEye analysed the activity of 72 China-based cyber threat groups since early 2013 and found a substantial decline that began to occur in mid-2014.
  • It analysed 262 incidents of compromise. China’s espionage activity has hit companies around the world. Of those, 80 incidents affected organisations in 13 countries in the Europe, the Middle East and Africa since 2013. (Europe (9): UK, Italy, Switzerland, Germany, Netherlands, Denmark, Sweden, France, Norway; Middle East (3) : Israel, Egypt, Saudi Arabia; Africa (1) : Tunisia)
  • Despite the decline in activity, since mid-2015 we have observed 13 China-based cyber threat groups targeting organisations in Europe, the U.S., and Japan. In one case,  a group collected user credentials during an intrusion into the network of a European logistics company.
  • The Chinese remain a top cyber threat for any company in EMEA holding intellectual property. Today, the threat from China is less voluminous, but is more focused, calculated and still successful in compromising corporate networks.
About FireEye, Inc.

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FireEye has invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks. These highly sophisticated cyber attacks easily circumvent traditional signature-based defenses, such as next-generation firewalls, IPS, anti-virus, and gateways. The FireEye Threat Prevention Platform provides real-time, dynamic threat protection without the use of signatures to protect an organization across the primary threat vectors and across the different stages of an attack life cycle. The core of the FireEye platform is a virtual execution engine, complemented by dynamic threat intelligence, to identify and block cyber attacks in real time. FireEye has over 4,700 customers across 67 countries, including more than 730 of the Forbes Global 2000.
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