![]() ![]() “It’s the greatest transfer of wealth in history,” General Keith Alexander, director of the National Security Agency, said at a security conference at New York’s Fordham University in January.” and Europe are coming to a disturbing conclusion. “There have been a large number of corporate spying cases involving China recently… as the toll adds up, political leaders and intelligence officials in the U.S. “We need to take more actions and protect our intellectual property.” Inside the Chinese Boom in Corporate Espionage () “The government can basically put their hands in and take whatever they want,” says Michael Wessel, who sits on the U.S.-China Economic and Security Review Commission that reports to Congress. "In terms of outright theft of intellectual property, there is growing evidence that China’s intelligence agencies are involved, as attacks spread from hits on large technology companies to the hacking of startups and even law firms. Any American company doing business in China must anticipate the worst even as it hopes for the best in expanded marketing opportunities." Rough and tumble attitudes must be expected. shell corporations to simplify the process of going public in the West. Accounting issues have recently also come into question for many Chinese companies that have bought U.S. There is little or no respect for Intellectual Property. "It has become the Wild West on that other side of the globe. A few months later, Widget Corp's suddenly had a new competitor in the market. From there, the attacker established remote access to the corporate data server. The plugbot was able to sniff a domain password and send it over the built-in cellular modem. A agent for their competitors walked into one of their offices and installed a plugbot (). #Glimmerblocker review softwareWidget Corp produces software for sale worldwide. The company did not discover about the leak until the competitor built their own production line and release a competing product on the market.Ī tiny device with a build-in cellular modem can act as a Trojan horse to open your network to outsiders. #Glimmerblocker review archiveBefore he left, he logged on to the mail server and downloaded the entire mail archive for Mr Smith, including the design plans for the new assembly line. The support technicians in his IT department have access to the corporate mail server. ![]() Mr Smith was an executive building a new manufacturing plant in China. In most organizations, any IT administrator can read and alter any other employees email without any knowledge or record. #Glimmerblocker review installThose working with confidential informationĮspecially in parts of the world with high informational security risksĬan’t I just hire someone and/or install software to protect myself? Information Security Fundamentals David Veksler ![]()
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