Is China taking U.S. Business Secrets?

On Tuesday, February 19th, the U.S. Government stated that China’s military is connected to “Comment Crew,” the same hacking group which attacked Coca-Cola, military contractor Lockheed Martin, and the EMA security division RSA, among many others.

 

Comment Crew allegedly has access to blueprints of America’s energy systems and trade secrets to from some of the United State’s largest corporations. The threat of a cyber attack from China can be major and can have negative economic and diplomatic implications. Tom Kellerman, former commissioner of President Obama’s cyber security council and current head of cyber security at Trend Micro, estimates that hundreds of billions of dollars a year could be in jeopardy if trade secrets are being stolen, particularly since it is not one machine but entire systems which are at risk.

 

Along the lines of technology theft, Georgetown University is implementing new security measures for its students with regards to hacking and laptop thefts. Clearly, technology protection is rising to a crucial level of importance.

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