Chinese Hacking Charges Spur Cos. To Turn To US Gov't

By Allison Grande (May 19, 2014, 9:42 PM EDT) -- With Monday's unprecedented hacking charges against Chinese officers, federal prosecutors have shown for the first time that they're capable of putting a face and motive to the elusive cyberthreats from China, increasing the likelihood that U.S. companies will turn to the government if they suspect the country has stolen trade secrets.

In an indictment unsealed Monday, the U.S. Department of Justice alleged that since at least 2006, five members of the secretive cyberdivision of the People's Liberation Army have conspired to hack into the computers of Alcoa Inc., U.S. Steel Corp. and four other companies in the nuclear power, metals and...

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