Investing

Chinese Military Denies Role in Cyber Attacks

The Chinese Army denied that it was behind a series of sophisticated cyber attacks that began as early as 2006. Someone else must have done it, despite proof provided by U.S. research firm Mandiant. Chinese officials claim that the “facts” show the People’s Republic had no role in the bad behavior. However, those officials did not offer any facts of their own.

According to The New York Times:

Geng Yansheng, a spokesman for China’s Ministry of National Defense, said that China had been the victim of cyber attacks that have originated in the U.S., and that Mandiant mischaracterized China’s activities.

“Chinese military forces have never supported any hacking activities,” Mr. Geng said at the press briefing. “The claim by the Mandiant company that the Chinese military engages in Internet espionage has no foundation in fact.”

Perhaps Mandiant ought to do a study on how China could have been so flagrantly victimized.

Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)

Take the quiz below to get matched with a financial advisor today.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Take the retirement quiz right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.