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China Targets Technology to Steal AI Capabilities It Can’t Build

The technology sector is the most targeted in the world by eCrime and state-sponsored threat actors. Between April 1, 2025, and March 31, 2026, China-nexus adversaries drove more than 58% of state-sponsored interactive intrusions against the sector, creating the greatest intelligence collection threat to tech companies.

These threat actors are escalating espionage against tech businesses to steal the AI capabilities and intellectual property they can’t build fast enough on their own. Adversaries such as MURKY PANDA, MUSTANG PANDA, OVERCAST PANDA, SUNRISE PANDA, and WARP PANDA targeted the…

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