China will investigate providers of IT products and services to protect “national security” and “economic and social development,” according to the official Xinhua news agency. This move follows the U.S. government charged five Chinese military officers with hacking U.S. companies to steal trade secrets.

U.S. Representative Mike Rogers (R-MI) is hard at work in Washington D.C., despite Congressional recess, when other lawmakers have returned to their respective districts and even the President and his family escape the heat to a vacation destination. 

Through a malicious code infecting audio-visual conferencing equipment, a group of sophisticated hackers based out of Beijing might be listening in on high-level boardroom meetings, Dell's SecureWorks researchers report.

While some have condemned U.S. National Security Agency monitoring activity, as described by fugitive Edward Snowdon, a bigger, real threat centers on intellectual property theft with America and its corporations most often the target.

The latest report of Chinese cyber-espionage hits U.S. defense computers as the nation increases its defense budget and works to build an aircraft carrier fleet and stealth planes. 

Hundreds of terabytes of data have been stolen from U.S. and other foreign companies and governments, Mandiant's report states. 

Cyber attacks originating in China have been discovered to spy on economic efforts at U.S. businesses, especially those in finance, technology and aerospace.

Fifty-three Times employees' computers were hacked after the paper launched an investigation into the vast wealth of some of China's most influential families.