Report: China Steals $300 Billion of American Ideas Every Year – Costing US Economy 2.1 Million Jobs (Video)
A new study led by Dennis Blair, who served as President Barack Obama’s first director of national intelligence, and former Utah Governor Jon Huntsman, who served as U.S. ambassador to China from 2009 through 2011 found that the US loses billions in intellectual property to Chinese hackers every year. The report found that an estimated 2.1 million American jobs were lost due to intellectual theft.
The report recommends corporations hire what amount to full-time IT security guards who patrol their networks — assisted by automated systems that scan for software behaving strangely, a telltale sign of malware — looking for intruders.
Via Catherine Herridge at Special Report:
You Might Like
You Might Like
Comments
As a privately owned web site, we reserve the right to edit or remove comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal/abusive attacks on other users. The same applies to trolling, the use of multiple aliases, or just generally being a jerk. Enforcement of this policy is at the sole discretion of the site administrators and repeat offenders may be blocked or permanently banned without warning. Guest posting is disabled for security reasons.