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The International Institute for Strategic Studies, a think tank, published a new study on Monday that ranked the U.S. as the world's only "top tier" cyber power and said China is firmly within the second group-- joined by Russia and France, to name a few. 

The Financial Times, citing the study, reported that IISS estimated that China is—at the minimum—10- years from competing with the U.S., largely due to lingering security issues. The report said Beijing has demonstrated a keen ability to perform offensive cyberattack and disinformation campaigns, but the country suffers from loose security.

Greg Austin, a member of the think tank, told the FT that China’s cyber ability can be overstated due to legitimate gains it made in AI and other cyber abilities.

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"On every measure, the development of skills for cybersecurity in China is in a worse position than it is in many other countries," he said.