US concerned China behind cyberattack on US sites

WASHINGTON (AP) -- The United States voiced concern Friday over a report that China manipulated international Internet traffic intended for a major Chinese Web service company and used it for a cyberattack on U.S. sites.

Bank of England readies tools to rein in risky mortgage lending

(Reuters) - The Bank of England urged banks on Thursday to consider the risk of future spikes in interest rates when they approve mortgages, and prepared tools to rein back potentially dangerous lending.

France to invest EUR 1 bn to update cyber defences

PARIS: France unveiled plans on Friday to bolster long-neglected defences against cyber attacks, with 1 billion euros ($1.36 billion) of investment foreseen to bring the country's technology up to speed with NATO partners.

US accuses China government and military of cyber-spying

China's government and military have targeted US government computers as part of a cyber espionage campaign, a US report on China says.