China’s Cyber Hackers Target Western Firms! An estimated 1.6 billion attacks are launched from the country each month. Last year, cyber attacks cost Britain ..27bn. The Chinese government says it is cracking down on hackers. The biggest threat posed by attacks traced to China is the loss of industrial secrets. If the West ever came into conflict with China, he says the country’s hackers would be able to shut down the electrical grid if the country ever came to a war with the West.
Source: https://thehackernews.com/2011/04/chinas-cyber-hackers-target-western.html