NYT: Hacking for Fun and Profit in China’s Underworld

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“…Majia, a soft-spoken college graduate in his early 20s, is a cyberthief.

He operates secretly and illegally, as part of a community of hackers who exploit flaws in computer software to break into Web sites, steal valuable data and sell it for a profit.

Internet security experts say China has legions of hackers just like Majia, and that they are behind an escalating number of global attacks to steal credit card numbers, commit corporate espionage and even wage online warfare on other nations, which in some cases have been traced back to China.”

Full Story on the NYT http://www.nytimes.com/2010/02/02/business/global/02hacker.html