Chinese President Xi Jinping on Wednesday called for greater cooperation among nations in developing and governing the internet, while reiterating the need to respect so-called “cyber sovereignty”.

Speaking at an internet conference in Wuzhen, in the eastern province of Zhejiang, Xi and propaganda chief Liu Yunshan signaled a willingness to step up China’s role in global internet governance, seeking to rectify “imbalances” in the way standards across cyberspace are set.

Read the Full Article: Source – Reuters
Time For Truth: (Reuters) – China's Xi urges cooperation among nations in governance of global internet

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“It is highly necessary and pressing for the international community to jointly bring about an international code of conduct on cyberspace at an early date,” said Wang Qun, director-general of the Arms Control Department of the Chinese Foreign Ministry, in comments to the U.N. General Assembly.

Wang’s comments were reported by China’s main state-owned press outlet, the Xinhua News Agency.

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The NSA, GCHQ, and their allies in the Five Eyes are not the only government agencies using malware for surveillance. French intelligence is almost certainly hacking its targets too—and now security researchers believe they have proof.

On Wednesday, the researchers will reveal new details about a powerful piece of malware known as “Babar,” which is capable of eavesdropping on online conversations held via Skype, MSN and Yahoo messenger, as well as logging keystrokes and monitoring which websites an infected user has visited.

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The FBI said Monday that it is working with other U.S. law enforcement agencies to investigate a hacking attack that hit Sony Pictures Entertainment last week, an incident that was possibly perpetrated by a group affiliated with North Korea.

“The FBI is working with our interagency partners to investigate the recently reported cyber-intrusion at Sony Pictures Entertainment,” the bureau said in an emailed statement. “The targeting of public and private sector computer networks remains a significant threat, and the FBI will continue to identify, pursue and defeat individuals and groups who pose a threat in cyberspace.”

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Chinese officials called on Wednesday for controls on the Internet to preserve stability, saying its model for cyberspace regulation can be the framework for spawning commercial successes like Alibaba Group Holding Ltd .

The comments, made at the start of the World Internet Conference (WIC), show China is unlikely to loosen its tight grip on the medium even as it has begun a transformation of its economic model.

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