Tag: Industrial espionage

Canada turfed out more spies to the U.S. than elsewhere

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OTTAWA—New figures show Canada has turfed out five spies in the past decade from a surprising source country — its best friend and ally, the United States. From 2004 to 2014 Ottawa sent back to the U.S. five of a

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

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

Chinese hackers may have stolen your medical records

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A man types on a computer keyboard in this 2013 photo illustration. (Kacper Pempel/Reuters) Chinese hackers have stolen medical records for 4.5 million patients, according to a regulatory filing from Community Health Systems, a publicly-traded company that runs 206 hospitals

Second Chinese military unit linked to cyber espionage

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CrowdStrike, a U.S security firm, detailed the allegations in a lengthy report on a People’s Liberation Army unit operating in Shanghai.  The report comes just weeks after the U.S. Department of Justice accused five members of the Chinese military of

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

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

US’ industrial cyber espionage

TASTIERA E SOLDATINI

On May 19, the United States Justice Department indicted five Chinese military officers on charges of hacking into computers and stealing valuable trade secrets from leading US companies. This is the first time that the US has leveled such criminal

China accuses U.S. of hypocrisy amid charges of economic espionage

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Chinese diplomats in Washington have accused the United States of hypocrisy after authorities in Beijing were charged with economic cyber-espionage earlier this week. Unresolved allegations that the U.S. National Security Agency (NSA) spied on a U.S. company’s Chinese competitor have resurfaced amid

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

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

Cyber espionage: China at the forefront

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  China may be the leading practitioner (although by no means the only one) of economic espionage in cyberspace. If, as we saw in the previous post, Chinese authorities fear the political power of their own netizens, in contrast, Chinese officials