Friday, November 8, 2013

Cyber Terrorism Affects with Economic Espionage and Intellectual Property



Cyber Terrorism Affects with Economic Espionage and Intellectual Property

The Chinese government is known for engaging in economic espionage in cyberspace. The Chinese are the world’s most active and persistent practitioners of cyber espionage today. Evidence of China’s economically disturbing theft of registered technologies as well as other intellectual property from the United States and other countries. Cyber terrorists from any nation have the ability to cripple our national infrastructures. Over the past few years, our government has revealed that the threat of economic cyber espionage appears even more of a threat than previously discovered. The cyber espionage and theft among companies’ intellectual work has increased in the U.S. economy and globally over the past decade. Evidence shows us that China plans to help build its own economy by the theft of intellectual property. That is easier than creating innovation and investment standards within its research and development fields (Top two fields within US economy). The Chinese steal innovations and intellectual property due to it being less costly and more effective then attaining them by legal courses of action. The Chinese turn the stolen ideas straight into production. This makes them able to create products much quicker and cheaper than other countries’ companies. Cyberspace is a perfect platform for stealing intellectual resources. Hackers can easily breach systems that transfer large amounts of data, while corporations and governments have a very hard time identifying specific criminals.  The cyber threat is very real and detrimental to our nation. 

Do you think the government should step in with more laws to protect intellectual property, or should that be left up to the individual companies?

Works Cited
Chertoff, Michael, William Lynn, and Mike McConnell. "China’s Cyber Thievery Is National Policy—And Must Be Challenged." The Wall Street Journal (2012): n. pag. Web. <http://www.boozallen.com/media/file/WSJ-China-OpEd.pdf>.