U.S. Alleges China is Hiring Criminals to Hack Companies and Universities

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The White House on Monday accused the Chinese government of masterminding and directing a series of widespread cyberattacks, including a massive attack on Microsoft servers that ensnared tens of thousands of organizations.

In a concerted effort to confront China on the diplomatic stage, a group of international allies — including NATO, the European Union, Australia, New Zealand, and Japan — joined the U.S. in its condemnation of Beijing, and announced they're forming a new alliance to track and prevent Chinese state-sponsored cyberattacks.

Source Fool.com