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Tag Archives: economic espionage

Christopher Wray on FBI’s Efforts to Fight Threats Posed by Russia, China

FBI Director Christopher Wray said Russia continues to carry out election interference efforts and that the U.S. considers China as the most “severe counterintelligence threat,” Nextgov reported Wednesday. Wray told the Senate Judiciary Committee in his testimony Tuesday that the bureau is collaborating with the private sector and other federal agencies to make the public aware of Russia’s influence and misinformation campaigns as well as counter the spread of deepfakes.

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Chinese Investments in US Startups Drop Amid Wider Scrutiny of Tech Deals

Chinese-backed venture capital firms are closing U.S. offices, reducing their U.S. investments or changing the structure of their investments to avoid scrutiny from government regulators as U.S. startups shy away from Chinese investors amid rising tensions between the two countries, The Wall Street Journal reported Tuesday. Research firm Rhodium Group said Chinese investments in U.S. startups hit record levels in early 2018 but started to drop in May 2018.

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National Counterintelligence & Security Center Warns US Firms of Foreign Intell Threats With Informative Materials

A center within the Office of the Director of National Intelligence has begun to distribute brochures, videos, flyers and other informative materials to increase awareness about foreign intelligence threats and help U.S. companies protect themselves from nation-state actors. “American companies are squarely in the cross-hairs of well-financed nation-state actors, who are routinely breaching private sector networks, stealing proprietary data, and compromising supply chains," William Evanina, director of the National Counterintelligence and Security Center, said in a statement published Monday.

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FireEye Study Shows Decline in China-Linked Cyber Intrusions Since Mid-2014

A FireEye analysis has found that the volume of cyber attacks by China-based hacking groups on government and commercial networks in the U.S. and 25 other target countries has declined since mid-2014. FireEye said in its “Redline Drawn: China Recalculates Its Use of Cyber Espionage” report the decline coincided with China’s efforts to centralize domestic cyber …

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