China says US distorting facts on cost of hacking

The Chinese government is again upset with the US, this time over claims that China’s hacking activities are costing the US some serious cash.

In an interview on “60 Minutes” on Sunday, FBI Director James Comey said Chinese hackers are actively targeting US companies and costing the government billions of dollars each year. The Chinese government responded on Thursday, saying that Comey’s comments are an “unjustified fabrication of facts,” according to Reuters, which was in attendance at a government briefing.

The US and China have been waging a very public war of words over the last couple of years, with both countries arguing the other is actively engaged in hacking and stealing secrets. Earlier this year, the US filed criminal charges against five Chinese military officers for allegedly hacking US companies. While China denied the claims, the US has said it has proof and wants to bring those people to justice. So far, that hasn’t happened.

Read the Full Article: Source – c|net

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