Officials from the Federal Bureau of Investigation and the U.S. Department of Justice put the private and academic sector on alert last week about threats of intellectual property theft by Chinese entities.
"The threat from China is real, it's persistent, it's well-orchestrated, it's well-resourced, and it's not going away anytime soon," John Demers, Assistant Attorney General for National Security, told the China Initiative Conference.
FBI Director Christopher Wray said cases have been piling up since 2018, when the DOJ launched the China Initiative campaign to counter and investigate Beijing's economical espionage. "The FBI has about a thousand investigations involving China's attempted theft of U.S.-based technology in all 56 of our field offices and spanning just about every industry and sector," Wray said.
U.S. officials said Chinese thefts are based on an well-established plan handed down from the Beijing government.
"They're not just targeting defense-sector companies. The Chinese have targeted companies producing everything from proprietary rice and corn seeds to software for wind turbines to high-end medical devices," Wray said. "They're also targeting cutting-edge research at our universities."
View Full Article
No entries found