The US House of Representatives Intelligence Committee will issue a report Monday that recommends that Chinese firms Huawei and ZTE should be barred from the US market because their products could be used to undermine domestic cyber security, according to a draft copy of the report obtained by Naked Security.
In a damning indictment of both companies, the House Intelligence Committee report accuses Huawei and ZTE executives of hindering its investigation of their business practices and hiding information.
Huawei may even be guilty of violating US trade laws, according to the report, which recommends that the US Government use its authority under the Committee on Foreign Investments in the United States (CFIUS) to block acquisitions or mergers involving Huawei or ZTE.
In addition, the US Government and intelligence agencies should block any use of technology from the two firms. US businesses, the report recommends, should consider the "long term security risks" associated with doing business with either ZTE or Huawei, the report advises.
Read more: http://nakedsecurity.sophos.com/2012/10/08/ban-huawei-zte-spying/
