White House has shelled out a detailed strategy against intellectual property theft. The strategy indirectly points fingers at China.

What are you thinking?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

The theft of intellectual property (IP) has become somewhat of a norm, thanks to the digital age that we live in. Hackers dig into the systems of major corporations and make away with blueprints of upcoming products and other trade secrets. White House has now revealed a detailed anti-IP theft strategy which takes a few shots at China.


White House

Over the years, a number of hack attacks originating from China have attempted to steal trade secrets and intellectual property of U.S. companies. Many of the times, these attacks are successful, leaving the targeted company to incur significant losses.

A recent report from the security firm Mandiant alleged that a secret unit of Chinese military, had been launching frequent attacks on the U.S. companies over the past years. The report further cited that such level of sophistication and persistence in attacks couldn’t have been possible without state support.

Apparently, building on top of this, the White House’s strategy to counter the theft of intellectual property promises to pressure countries, put sanctions in place and take other measures if they are found involved in such illicit activities. The report also includes test cases many of which indirectly implicate China in the IP-theft racket.

For instance, one case reads, “Hong Meng was a research chemist for DuPont. He was involved in researching Organic Light Emitting Diodes (OLED). DuPont’s OLED research efforts resulted in the development of a breakthrough and propri­etary chemical process for OLED displays. Mr. Meng stole trade secret compounds and passed them to a Chinese university. He was caught by the FBI and prosecuted by the U.S. Attorney’s Office for the District of Delaware and was sentenced to 14 months in federal prison. DuPont valued the loss of the trade secrets at $400 million dollars.”

The big question is, will such pressure be sufficient to persuade China in toning down its hacking attempts and perhaps dismantling the covert military unit of hackers. We shall see in time.

Courtesy: TechCrunch

Buy Cheapest Related Product From Amazon.com


LG Officially Unveils Optimus F5 And Optimus F7

FCC Gives The Nod To Huawei Ascend W1
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On February 21, 2013(1 year, 8 months ago.)

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Disqus Comments ...
Loading Facebook Comments ...

Recent Search

Recent Tutorials

Do you know that you can turn a shoe box into a phone projector? Don't believe this? See for yourself inside.
Apple has published a new guide detailing how Android users will be able to switch their contents from Android to iPhone.
The trick will let you to check your Facebook messages in the original app without downloading Messenger and it works with both iPhone or Android phone.
Want to block all disgusting ads from your android device? Read the tutorial to know how you can block ads on your Android and save data.
Want to repair your memory card? It's very easy to fix corrupted or damaged memory card. In fact you can fix it by yourself.
Are you the one who is frustrated because of the speed of your Android device? No worries, the article will help you increase the speed of that device.
Lately, Google has updated its Google Docs. Now users can crop, rotate, and add borders to images in a document without leaving Google Docs.
Adobe CS products are not free, but the good news is you can now download Photoshop CS2 & all other CS2 product completely free and it's absolutely legal.
At the beginning level, many people don't know how to use Gmail properly. For them, a here's a helpful guideline.
Skype now allows you to call directly from your Outlook account. Find the step-by-step installation process from this tutorial.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook