“Trade secret theft threatens American businesses, undermines national security and places the security of the U.S. economy in jeopardy,” the White House said in a report that laid out its strategy. “These acts also diminish U.S. export prospects around the globe and put American jobs at risk.”
“Emerging trends indicate that the pace of economic espionage and trade secret theft against U.S. corporations is accelerating,” the White House warned in the report, which listed threats to corporate intellectual property from cyber attacks and more conventional methods of economic espionage.
The report did not specifically name any country as the main culprit. But it listed more than a dozen cases of trade secret theft by Chinese companies or individuals, far more than any other country mentioned in the report.
U.S. corporate victims of the Chinese theft included General Motors, Ford, DuPont, Dow Chemical and Cargill.
“For an economy like ours, that’s going to win based on our innovation of what we produce and create, this is a critically important issue,” U.S. Trade Representative Ron Kirk told Reuters in an interview ahead of the report’s release.
The Obama administration released the strategy one day after a U.S. computer security company said it believed a secretive Chinese military unit was behind a series of hacking attacks.
China flatly denied the accusations made by the company, Mandiant, calling them “unprofessional.” Its Defense Ministry said hacking attacks are a global problem and that China is one of the biggest victims of cyber assaults.
Victoria Espinel, the White House intellectual property rights enforcement coordinator, said the new strategy coordinates and improves existing U.S. government efforts to protect the innovation that drive the American economy and supports jobs in the United States.
Kirk said the problem of trade secret theft in China was a factor in the decisions by some U.S. companies to move operations back to the United States.
The companies have “had very frank conversations with the Chinese, (saying) ‘you know it’s one thing to accept a certain level of copyright knock-offs, but if you’re going to take our core technology, then we’re better off being in our home country,” Kirk told Reuters. DM
Photo: Part of the building of ‘Unit 61398’, a secretive Chinese military unit, is seen in the outskirts of Shanghai February 19, 2013. The unit is believed to be behind a series of hacking attacks, a U.S. computer security company said, prompting a strong denial by China and accusations that it was in fact the victim of U.S. hacking. REUTERS/Carlos Barria
Want to watch Richard Poplak’s audition for SA’s Got Talent?
Who doesn’t? Alas, it was removed by the host site for prolific swearing*... Now that we’ve got your attention, we thought we’d take the opportunity to talk to you about the small matter of book burning and freedom of speech.
Since its release, Pieter-Louis Myburgh’s book Gangster State, has sparked numerous fascist-like behavior from certain members of the public (and the State). There have been planned book burnings, disrupted launches and Ace Magashule has openly called him a liar. And just to say thanks, a R10m defamation suit has been lodged against the author.
Pieter-Louis Myburgh is our latest Scorpio Investigative journalist recruit and we’re not going to let him and his crucial book be silenced. When the Cape Town launch was postponed, Maverick Insider stepped in and relocated it to a secure location so that Pieter-Louis’ revelations could be heard by the public. If we’ve learnt one thing over the past ten years it is this: when anyone tries to infringe on our constitutional rights, we have to fight back. Every day, our journalists are uncovering more details and evidence of State Capture and its various reincarnations. The rot is deep and the threats, like this recent one to freedom of speech, are real. You can support the cause by becoming an Insider and help free the speech that can make a difference.
*No video of Richard Poplak auditioning for SA’s Got Talent actually exists. Unless it does and we don’t know about it please send it through.
In 1952 Wernher von Braun wrote a paper where he believed a colony on Mars would be led by an individual named "Elon".