China hacks Aussie IP

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The AFR has the scoop:

An investigation by The Australian Financial Review and Nine News has confirmed China’s Ministry of State Security (MSS), is responsible for what is known in cyber circles as “Operation Cloud Hopper”, a wave of attacks detected by Australia and its partners in the Five Eyes intelligence sharing alliance.

A senior Australian government source described China’s activity as “a constant, significant effort to steal our intellectual property”.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.