U.S. IT experts say hackers working for the Chinese government have stolen usernames and passwords for State Department computers. The attacks have been going on since at least 2006 and are accelerating. The most common method of attack is spear-phishing – directing phony email requests at people with legitimate access to a specific network. Companies ranging from IT developers to defense companies to Formula One teams complain of attacks that go after proprietary information. A recent study from McAfee and government consulting company DAIC called corporate intellectual property “the latest cybercrime currency””]
Source: https://www.csoonline.com/article/2128041/report–chinese-far-outstrip-us-in-cyberspy-fight.html