Chinese Businessman Pleads Guilty in US Hacking Case
A Chinese businessman has pleaded guilty to conspiring to hack into the computer systems of U.S. defense contractors, including Boeing, to steal data on military projects, according to court records released Wednesday.
Su Bin, 50, admitted to conspiring with two unnamed hackers in China to export U.S. military information to the communist nation between 2008 and 2014, according to a plea agreement reached in federal California court on Tuesday
Su, described by prosecutors as a China-based businessman in the aviation and aerospace fields, faces up to five years in federal prison at his sentencing July 13. He had faced 30 years before reaching the plea agreement with prosecutors. Su was arrested in British Columbia, Canada in July 2014 and brought to the U.S. in February.
A report by the U.S.-China Economic and Security Review Commission last year found that China's increasing use of cyber espionage has already cost U.S. companies tens of billions of dollars in lost sales and expenses in repairing the damage from hacking. In many cases, the report says stolen trade secrets have been turned over to Chinese government-owned companies.
http://abcnews.go.com/Technology/wireStory/chinese-man-pleads-guilty-us-hacking-case-37884589
