Analysis: China-US hacking accord is tall on rhetoric, short on substance

[InfoSec News <alerts () infosecnews org>]

http://arstechnica.com/tech-policy/2015/09/analysis-china-us-hacking-accord-is-tall-on-rhetoric-short-on-substance/

By David Kravets
Ars Technica
Sep 27, 2015

It's always a good thing when governments, especially superpowers, strike 
agreements toward the goal of peace and prosperity.

The accord President Barack Obama and Chinese President Xi Jinping 
announced Friday—a "common understanding" to curb state-sponsored, 
corporate cyber espionage toward one another—inches us toward that goal if 
we assume both sides would uphold their end of the bargain.

"We’ve agreed that neither the US nor the Chinese government will conduct 
or knowingly support cyber theft of intellectual property, including trade 
secrets or other confidential business information for commercial 
advantage," Obama said during a press conference with the Chinese leader 
at his side. Obama added that economic cyber-espionage "has to stop." For 
his part, the Chinese leader said, "Both governments will not engage in or 
support online theft of intellectual property."

It's a momentous first step at a historical stage in which the battlefield 
is evolving online—from the real world to the virtual world. And it comes 
as both sides are engaged in finger pointing on the topic and accusing the 
other of cyber transgressions.

[...]

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