In the summer of 2012, MI5 Director-General Jonathan Evans gave a rare public lecture in London’s financial district to warn about the “astonishing” level of state-sponsored online spying. One attack, he said, had cost a British company an estimated £800 million ($1.3 billion) in lost revenue, “not just through intellectual property loss but also from commercial disadvantage in contractual negotiations.”Evans didn’t identify the company or the attacker, but in 2015 the journalist Gordon Corera reported in his book
Intercept that the spy chief had been talking about Rio Tinto and China.
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