China Grows Cyberspying Capability: Theft of US Defense Technology Data

October 24th, 2009

According to a report cited in yesterday’s Wall Street Journal, China has geared up its ability to steal valuable technology data over the Internet. “…Chinese cyberspies who in total steal $40 to $50 billion in intellectual property from U.S. organizations yearly…” according to a source cited in the article.

It goes on to detail how one corporation was robbed of valuable defense related R&D data and how the effort was tracked to computers in Beijing.

This clearly has a military intent and reduces our ability to effectively defend ourselves and world freedom, not to mention the theft of billions of dollars worth of research. Oddly, this important story barely reaches our media!
The article did not really touch on it, but these efforts clearly forewarn of an eventual cyber attach on our computer systems via the Internet in the event relations with China turn sour. If they did not want to do it directly, they could easily turn over this ability to countries Iran or North Korea as a proxy.

This is a gaping hole in our security the government must stand up and address. Also, as individuals I can say as a form tech executive that we each need to have the very latest anti-virus security software on our computer, should use complex passwords on important files and change them occasionally, allow Microsoft, etc. security updates as soon as they are released (often they fix the many security holes in Vista), not leave unattended computers on all night, and should keep at least one copy of key files saved on something other than our computers.

Not to mention, that when we buy products made in another country, we are transferring money there that helps pay for these antics.

Todd Lipscomb
Founder of www.MadeinUSAForever.com, your source for made in USA products.

Posted in Uncategorized

Saturday, October 24th, 2009 at 5:46 amand is filed under Uncategorized.

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