Here is a statement from Tim Wellsmore, the Director of Threat Intelligence, Asia Pacific at FireEye on the recently announced pact between Australia and China to enhance cybersecurity cooperation:
This China-Australia agreement is good news for Australia, but not because it stops China from hacking to steal intellectual property. It’s good news because it’s a tacit acknowledgement of the levels of theft over the past several years and it signals China may be at a point where it longer needs to steal intellectual property from Australian businesses on a widespread basis. FireEye has seen this trend underway for years as China’s economy evolves. The agreement doesn’t make Australian firms less vulnerable, stop espionage, or close big security gaps in our critical infrastructure. Nor does it take hundreds of other threat actors from the picture. In fact, it could ultimately make Australian firms less safe if they choose to deprioritise security based on a false sense of security from this agreement.
– Tim Wellsmore, Director, Threat Intelligence, Asia Pacific at FireEye
