[HIB]Hackers use Chinese IPs to launch attacks

Although cyber attacks have been frequently reported across the mainland, China is not home to a vast web of malicious hackers, as many attacks in Beijing originate from countries overseas, according to analysts. "It is very complicated to locate an original attack", said a participant at the 9th Xcon conference, an annual gathering of senior cyber security analysts in Beijing. Internet security threats are on the rise and public awareness of hacking has increased. In 2009, for example, 75 percent of global companies experienced severe cyber attacks totaling individual losses of at least $2 million, according to Symantec's 2010 report.

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