" Britain's domestic intelligence agency is warning that cybercrime perpetrated by China is on the rise following hacking attacks against Rolls-Royce and Royal Dutch Shell.

The agency, known as MI5, recently sent letters to some 300 banks, accounting and legal firms warning that "state organizations" of China were plying their networks for information, according to theTimes of Londonon Monday. "

"The Times, quoting an unnamed source, reported that Rolls-Royce's network was infected with a Trojan horse program by Chinese hackers that sent information back to a remote server. Dutch Shell uncovered a Chinese spying ring in Houston, aimed at pilfering confidential pricing information for the oil giant's operations in Africa, the paper said, citing "security sources."

Article Link: http://www.washingtonpost.com/wp-dyn/content/article/2007/12/03/AR2007120300782.html