China is the world leader in its cyberattacks against the internet.
But it has a history of using its influence over its cyberspace to steal intellectual property from companies.
That has resulted in China’s biggest internet company, Alibaba, having to pay the world $2.8 billion to settle claims that it illegally copied and distributed ideas and designs for smartphones.
But a recent attack on the Chinese internet backbone by a group of cybercriminals may have finally brought an end to the cyberarms race.
The attacks were made on May 3 and 4 and targeted the network infrastructure used to serve the country’s 3.3 billion internet users, the official Xinhua news agency reported, citing the state-run news agency.
The attacks targeted the Chinese Internet Infrastructure Corporation (ICIC), the Chinese equivalent of the U.S. Federal Communications Commission, according to the report.
ICIC, which manages the countrys backbone, is responsible for the nation’s internet, voice and data infrastructure.ICIC was not immediately available for comment.
“The attacks are a serious threat to our cybersecurity,” China’s top cybersecurity official, Li Zhaoxing, said in a statement.
“China will continue to take all necessary measures to protect our Internet infrastructure.”
China’s government and security agencies have long warned that the country faces a growing threat from hackers who seek to steal and steal intellectual properties from companies and steal economic secrets.
Chinese officials have also warned that their country is vulnerable to cyberattacks by foreign nations, who would likely target Chinese companies in retaliation.