Tag: Business

Obama Administration Charges Most Whistleblowers in US History

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WASHINGTON (Sputnik) — US President Barack Obama’s administration has charged almost three times more whistleblowers than the rest US administrations all together, according to Reporters Without Borders’s report issued on Thursday. “No fewer than 8 whistleblowers, including Chelsea Manning, have been charged under the Espionage Act

Cyber Espionage and the Digital Redistribution of Wealth

TASTIERA E SOLDATINI

Since the computerization of modern business, intellectual property (IP) theft in the U.S. has escalated to unprecedented levels. According to the former commander of the U.S. Cyber Command General Keith Alexander, the approximate economic loss to the U.S. amounts to

CIA Expert Warns Of A Disaster That Would Make The Great Depression Seem Harmless

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According to CIA economic expert Jim Rickards, a “25-year Great Depression is about to strike America.” Rickards, the CIA’s Financial Threat and Asymmetric Warfare Advisor, gave a recent exclusive interview with Money Morning. This isn’t some crackpot figure claiming there will be a 25

Spy challenges prompt China security law revamp

The mainland has proposed strengthening its national security law and changing its name to the counter-espionage law to better cope with new security challenges the country faces, a meeting of the top legislative body the National People’s Congress (NPC) heard

Espionage programs linked to spying on former Soviet targets

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A one-two combination of malware programs has infiltrated the embassies and government systems of a number of former Eastern Bloc nations as well as European targets, according to a technical analysis by security researchers. Using exploits and malicious downloads delivered

Tech Companies Reel as NSA’s Spying Tarnishes Reputations

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U.S. technology companies are in danger of losing more business to foreign competitors if the National Security Agency’s power to spy on customers isn’t curbed, the New America Foundation said in a report today. The foundation called for prohibiting the

The U.S. Treasury Department Is Sharing Bank Data With Intelligence Agencies, But With Limits

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Even though the U.S. Treasury Department allows intelligence agencies such as the CIA and NSA to access Americans’ banking information, there are a few limits. At the end of last week, the Treasury described how it does give some bulk

Report: Cybercrime and espionage costs $445 billion annually

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A Washington think tank has estimated the likely annual cost of cybercrime and economic espionage to the world economy at more than $445 billion — or almost 1 percent of global income. The estimate by the Center for Strategic and

German ‘NSA-proof’ private server raises $1mn crowdfunding in 89 minutes

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Developers of secure server Protonet asked for some $136,000 on a local crowdfunding website – and were rewarded with $1 million in an hour and a half. The record campaign, one year after Snowden’s NSA leaks, ended with more than

What Are the Limits of Legitimate Economic Espionage?

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What are the limits of legitimate economic espionage? The indictment of five PLA officers for stealing U.S. intellectual property brings economic espionage into the same spotlight lately enjoyed by diplomatic cryptography.  The U.S. decision immediately produced a firestorm of criticism

Why is the latest China spy case so significant?

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WASHINGTON — The Obama administration has brought unprecedented criminal charges against five officials in the Chinese military for hacking into private U.S. companies’ systems and stealing trade secrets. It was the first time the U.S. has revealed any evidence the

Edward Snowden asylum demand dropped by European parliament

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The European parliament is to ditch demands on Wednesday that EU governments give guarantees of asylum and security to Edward Snowden, the National Security Agency whistleblower. The parliament's civil liberties committee is to vote on more than 500 amendments to

US-Germany anti-spy deal to include corporate espionage ban

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  A nascent agreement between Germany and the US not to spy on each other will have a ban on industrial espionage hard-wired into it. The deal is reported to be in the pipeline and may come into force as

Germany fears NSA stole industrial secrets

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The NSA espionage scandal has unsettled German companies. They are concerned that industrial secrets may have been stolen by US intelligence agencies. Trust between Washington and Berlin has been shaken by the scandal over the alleged bugging of German government

Canada ‘spy’ sold US, Australia, UK secrets

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SYDNEY (AFP) – A Canadian naval officer arrested this year for allegedly leaking secrets may also have compromised top level Australian, British and American intelligence, a report said Wednesday. Jeffrey Delisle, a naval intelligence officer, was charged in Canada in