China's Cyber Threat A High-Stakes Spy Game

Prorootect

Level 69
Thread author
Verified
Nov 5, 2011
5,855
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China's Cyber Threat A High-Stakes Spy Game story here ..


China's Cyber Threat A High-Stakes Spy Game: transcript on npr.org: http://www.npr.org/templates/transcript/transcript.php?storyId=142828055

Click on text size, if you wish ..

Quote:
'ROGERS: There is one particular company who is in the high-end manufacturing sector. They spent billions in research and development, trying to get this particular product to where it was. Now, China produces that particular product. They stole the intellectual property. And their estimation is it cost them hundreds of millions of dollars in revenue, and 10,000 jobs at a minimum.

So those are 10,000 jobs that would be in this economy, that would employ Americans, that are gone because of Chinese economic espionage. Business after business after business has lost valuable - and by the way, the new estimate is maybe up to a trillion - with a T - dollars a year worth of intellectual property. A trillion dollars.

I will tell you this, Rachel. There are two companies left in the United States that possess intellectual property in their products: those that know they've been hacked and those that don't know they've been hacked.'

I read some comments ..
- like:
'Mark Kropf (PJdoc) wrote:

We have come to depend on computers, but they are inherently vulnerable. Ken Lieberthal and those at Intel have gone the extra mile, but even they can get hacked. It is the same as expecting a house not to get robbed: somebody skilled enough can get in, if desired enough. Only by not ever being on-line is remote hacking totally avoided. Only by not having a computer is tampering totally eliminated.
A UNIX-based system has more precautions against 'back-door' access. Gentoo Linux or BSD probably are more vigilant here. M$FT products (Windows-n) are security sieves. VPN will help as will firewalls, encryption and biomorphic access. [Passwords can be bypassed in many systems, even if well chosen] Avoidance of visiting any unknown site or attaching any unknown memory to a computer are better.'

- then:
'jon doer (jondoer) wrote:

Worked with a guy who has worked in China for decades. He said China has a cyber army of hackers - 200,000 strong. I'm not sure if he meant actual soldiers, more likely that included civilian students.
By any definition, that's a formidable enemy! They may have more hackers in High School than in our whole country.'

- and:
'Don Montalvo (donmontalvo) wrote:

Wow, it's not like having 1.3 Billion citizens isn't enough to conquer the world...now they want your Twitter credentials.'

- 'Discussions for this story are now closed.' - Thank you as well, npr.org!;)

Wow
 

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