China’s cyber espionage activities against the US have dropped off since late 2015. Rather than viewing the Xi-Obama agreement as a watershed moment, we conclude that the agreement was one point amongst dramatic changes that had been taking place for years," FireEye said in its report. In September 2015, US President, Barack Obama, and his Chinese counterpart, President Xi Jinping, reached a “common understanding” against engaging in cyber espionage. A survey from software security company, FireEye, suggests the agreement has had a positive impact. The report states that China is now more likely to engage with foreign companies over cybersecurity. That said, some cyber espionage activities continue; between April and May, three Chinese groups targeted the networks of four manufacturing companies with headquarters in the US, Europe and Asia.
China’s cyber espionage activities against the US have dropped off since late 2015. In September 2015, US President, Barack Obama, and his Chinese counterpart, President Xi Jinping, reached a “common understanding” against engaging in cyber espionage. A survey from software security company, FireEye, suggests the agreement has had a positive impact. The report states that China is now more likely to engage with foreign companies over cybersecurity. That said, some cyber espionage activities continue; between April and May, three Chinese groups targeted the networks of four manufacturing companies with headquarters in the US, Europe and Asia.