Reuters | Mon Jun 26, 2017 | 6:22am EDT

China and Canada have signed an agreement vowing not to conduct state-sponsored cyber attacks against each other aimed at stealing trade secrets or other confidential business information.

The agreement was reached during talks between Canada’s national security and intelligence adviser, Daniel Jean, and senior communist party official Wang Yongqing, a statement dated June 22 on the Canadian government’s website showed.

“This is something that three or four years ago (Beijing) would not even have entertained in the conversation,” an unnamed Canadian government official told the Globe and Mail, which first reported the agreement.

The new agreement only covers economic cyber espionage, which includes hacking corporate secrets and proprietary technology, but does not deal with state-sponsored cyber spying for intelligence gathering.

“The two sides agreed that neither country’s government would conduct or knowingly support cyber-enabled theft of intellectual property, including trade secrets or other confidential business information, with the intent of providing competitive advantages to companies or commercial sectors,” the Canadian government said in the statement.

A statement released by China’s official Xinhua news agency last week about the meeting contained broadly similar wording on cyber attacks.

 

To read full article – please click here.

Categories: Uncategorized