FBI accuses China of trying to ‘ransack’ Western companies through hacking


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FBI director Christopher Wray warned Western companies that China aims to “ransack” their intellectual property so it can eventually dominate key industries, escalating a dispute between the world’s two largest economies over hacking. The Asian nation’s spies were snooping on “companies everywhere from big cities to small towns — from Fortune 100s to start-ups, folks that focus on everything from aviation , to AI, to pharma”, Wray said in remarks to a gathering of business leaders and academics in London. He appeared alongside the head of MI5, Ken McCallum — the first time the heads of the Federal Bureau of...