Monday, January 18, 2016

The Great Brain Robbery: 60 Minutes Looks At Chinese Economic Espionage


60 Minutes looks at Chinese economic espionage against American companies.

If spying is the world's second oldest profession, the government of China has given it a new, modern-day twist, enlisting an army of spies not to steal military secrets but the trade secrets and intellectual property of American companies. It's being called "the great brain robbery of America."

You can watch the video report and read the rest of the report via the below link:

http://www.cbsnews.com/news/60-minutes-great-brain-robbery-china-cyber-espionage/ 

4 comments:

  1. Oh, the players change over time but the games and the rules have remained the same for centuries; industrial/commercial espionage has been going on for a long, long time.

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  2. RT,

    Yes, but today economic espionage - all forms of espionage - is made much easier via the Internet and computer systems.

    We should be striking back at Communist China...

    Paul

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    Replies
    1. I strongly suspect the U.S. government and companies are "striking back" with considerable force, effect, and results at China (and many other countries); the best espionage is the kind that no one ever hears about anywhere, so I remain hopeful that China and others have been, are, and will continue to be productive targets.

      Delete
  3. RT,

    I'd like to think so, but I don't the Obama administration is aggressive enough.

    Paul

    ReplyDelete

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