Security Blog


While Snowdon Grabs Headlines, Chinese Grab $800 Million in Intellectual Property

IP Thefts Go Way Beyond Monitoring

July 3, 2013

While the French and Germans and some Americans have quickly condemned U.S. National Security Agency monitoring activity, as described by fugitive on the run Edward Snowdon, most governments know that everyone is monitoring everyone else. Whatever the final outcome of the NSA programs, it is obvious that surveillance of emails, cellular phone call numbers and Internet visits is a kind of monitoring lite.

What also is obvious is that there is growing intellectual property crimes, often committed through computer networks, and just as often committed by foreign countries, especially China.

A case in point involves the Chinese wind power company Sinovel, originally charged with intellectual property theft. In new charges, prosecutors allege that Sinovel stole trade secrets from Massachusetts-based company AMSC, which sells software and systems to control wind turbines. According to the indictment, AMSC alleged losses exceed $800 million.

The prosecution is part of efforts undertaken by the Justice Department's IP Task Force, which was recently created to safeguard the nation’s economic security against those who seek to profit illegally from American creativity, innovation and hard work.

The Department of Justice Task Force on Intellectual Property is part of a Department-wide initiative to confront the growing number of domestic and international intellectual property crimes. It is chaired by the Deputy Attorney General.

It monitors and coordinates overall intellectual property enforcement efforts at the Department, with an increased focus on the international aspects of IP enforcement, including the links between IP crime and international organized crime.

Building on previous efforts in the Department to target intellectual property crimes, the Task Force serves as an engine of policy development to address the evolving technological and legal landscape of this area of law enforcement.

The Task Force works closely with the recently established Office of the Intellectual Property Enforcement Coordinator, housed in the Executive Office of the President, and charged with drafting an Administration-wide strategic plan on intellectual property. As part of its mission, the Task Force will assist IPEC in recommending improvements to intellectual property enforcement efforts.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ASIS 2013 Product Preview

ASIS International 59th Annual Seminar and Exhibits, September 24-27 in Chicago, Illinois, will include an exhibit hall packed with innovative security solutions. Here are some of the products that will be shown at ASIS this year.

Podcasts

Virtualization and Data Center Security: What You Need to Know for 2014

Data centers are increasingly becoming the center of the enterprise, and data center and cyber security is following the same path for security departments. According to Justin Flynn, a consultant at the Burwood Group, the virtualization of data centers allows enterprises to scale more easily and faster, with a smaller footprint.

However, hosting enterprise data in the cloud can make intrusion detection more difficult – how can enterprise security leaders team up with other departments to keep aware of cyber risks and traffic, and physical and data compliance during the virtual transition? How can CISOs and CSOs discuss cyber threats with the C-Suite to get the resources they need? And how can the proper infrastructure test and verify possible malicious attacks? 

More Podcasts

Security Magazine

August 2014

2014 August

In the August issue of Security Magazine, read about the public-private partnerships and the future of DHS with Frank Taylor, sneak a peek at the ASIS 2014 security products, and read a special report on cyber risk and security. Also in this issue find out why America is in desperate need of a CSO and the most common mistakes in Cyber incident response. The security game has dramatically changed since September 11th, read about what enterprises are doing to keep Americans safe and sound.

Table Of Contents Subscribe

Adopting New Technology

How long do you wait before adopting a new technology?
View Results Poll Archive

THE SECURITY STORE

comptiahighriseproductphoto
CompTIA Security+ Certification Study Guide
CompTIA's Security+ certification is a globally-recognized, vendor neutral exam that has helped over 60,000 IT professionals reach further and higher in their careers. The current Security+ exam (SY0-201) focuses more on being able to deal with security issues rather than just identifying them.
More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Vertical Sector Focus: Critical Infrastructures

criticalhomepagethumbFrom terrorism to vandalism, it’s preparedness, response, training and partnerships. Learn about some of the critical security issues facing this sector.

Visit the Critical Infrastructure page to read more.  

STAY CONNECTED

Facebook 40px 2-12-13 Twitter logo 40px 2-12-13  YouTube  LinkedIn logo 40px 2-12-13Google+