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Internet security experts are reporting their cursor is directly at China for massive staffs of information from American military and corporate computers.
Chief intelligence correspondent Catherine Herridge examines the evidence.
This report from a Virginia based cyber security firm is still highly charged because it -- at a compelling case that the electronic trail leads back to the Chinese military.
-- specifically cites this nondescript building on the outskirts of Shanghai which has a Chinese cyber espionage unit a division of the People's Liberation Army.
We're doing these thousands of intrusion investigations a hundred plus companies and -- lead us right back to the same neighborhood.
Known as -- 61398.
And considered -- scenes secret by the Chinese.
The report says the units are crews are comfortable with English and have strong computer skills.
When he hit the defense and does a bases steal documents word documents excel documents PowerPoint documents.
When he hit one of the private sector blue chip American companies are doing mergers and acquisitions we see more targeted threats against -- -- With an estimated 300 billion dollars in trade secrets -- last year alone and with persistent cyber threats to the energy and banking sectors.
As well as telecommunications.
The democratic chair of the Senate Intelligence Committee said quote.
This is a sobering public report and clearly demonstrates the need to test cyber security legislation as soon as possible a point also emphasized by the White House.
The very important challenge it is one the president has been working on and urging congress to take action on thrower.
Quite some time.
Analysts say the intensity of China's cyber assault with a backing of the military and Communist Party is reaching a point.
Where it may impact the relationship between Washington and Beijing.
We've also regularly.
And repeatedly raised our concerns at the highest level.
With the Chinese Government about cyber threat.
Theft that means.
The president has Christian group.
The president trying to correct -- on the -- the White House speak to the president's conversations.
In a statement the Chinese Foreign Ministry tried to dismiss the reports in piercing findings quote.
Hacking attacks are -- national an anonymous determining their origins is extremely difficult.
We don't know how the evidence in the so called report can be tenable.
The -- cyber executive order issued last we've only partly address the China problem by calling for the immediate expansion.
A threat information sharing by the US government beyond the defense sector protect.
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