A San Diego couple has been charged by the federal government with stealing intellectual property related to pediatric medical treatments from Nationwide Children's Hospital in order to launch a pharmaceutical company in China.

Nearly one in six American organizations suffered from fraud in the last two years, according to the 13th Global Fraud Survey from EY – nearly double the rate measured in 2012. While mitigating external risks is all well and good, ensure that you look inside your enterprise as well – all the way to the cubicle.

China will investigate providers of IT products and services to protect “national security” and “economic and social development,” according to the official Xinhua news agency. This move follows the U.S. government charged five Chinese military officers with hacking U.S. companies to steal trade secrets.

U.S. Representative Mike Rogers (R-MI) is hard at work in Washington D.C., despite Congressional recess, when other lawmakers have returned to their respective districts and even the President and his family escape the heat to a vacation destination. 

Patents and intellectual property are at risk from the millions of hacking attempts that batter the schools' networks every week. 

While some have condemned U.S. National Security Agency monitoring activity, as described by fugitive Edward Snowdon, a bigger, real threat centers on intellectual property theft with America and its corporations most often the target.

Seizures of counterfeit imports have increased 53 percent in the last three years, with consumer electronics being the most-seized items. 

Facing increasing concerns of cyber attacks stealing intellectual property, the White House has released a new strategy for safeguarding trade secrets. 

The U.S. economy loses $250 billion to counterfeiting each year, but only a fraction of the goods are ever detected and confiscated by the government. 

Operation In Our Sites seized nearly $900,000 in proceeds from the distribution of counterfeit sports clothing.