Chinese state-sponsored adversaries targeted industries in 11 countries in 2025

75% of organisations in China reported implementing GenAI.

China-aligned APT41 showed a 113% increase in activity in Q1 2025 relative to the previous quarter.

China's APT40 and Mustang Panda generated 46% of all detected APT activity.

Of APT activity directed at the U.S., 47% was attributed to China and 35% to Russia-aligned groups.

Fear of China-backed threats has fallen sharply from 80% to 57% among financial organisations.

Across the globe, IT decision-makers consistently point to three dominant state-sponsored threats: Russia (73%), China (73%) and North Korea (40%).