website statistics

White House has shelled out a detailed strategy against intellectual property theft. The strategy indirectly points fingers at China.
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
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(3 years, 3 months ago.)

You May Also Like:

What Do You Think?

1 Response

  1. Tsais Says:

    IP itself is the norm we should be thinking about changing or removing.

    If you ever read about synchronicity, you’ll know that the same ideas turn up at the same time in people’s heads that aren’t even in the same place.

    And how would humanity have ever developed a science if everything was locked up by so called “Intellectual Property”

    Its like “Private Property” The word “private” comes from the latin word “privare” which is a verb that translates to “robbing” something from others. All ownership is an illusion in the end, and it stands to reason how much of this illusion we should allow and support and what is too much.

    Corporations like Monsanto patenting genetic code for example is definitely too much of it, especially given that company’s goal of controlling world food production. Resistance to that is the duty of every human being.

    Posted on March 11th, 2013 at 8:12 PM

Leave a Reply




Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

If you're still struggling to take selfie on iPhone then check it out to know how to take photos from far using iPhone's headset as a remote.
Even if your iPhone is locked, people can reply from the lock screen. Check out, how to turn off the quick reply message from locked screen.
Have you forgot Apple ID password or having trouble signing in? Check out this tutorial to reset the password.
Even if iPhone is muted, still Siri's voice is loudly chime. Now you can change the setting to silence Siri using your iPhone's mute switch.
Check out how to teach Siri about nicknames and relationships of the important people in your life in order to make your life easier.
Has your iPhone suddenly turned black & white? Check out this tutorial to know possible reasons & how to fix iPhone screen with few taps.
Check out this tutorial to download FREE movies and TV Shows streaming Showbox app and install it on your Android smartphone or tablet.
Parental Controls allows you to put restrictions on apps or content that can or can not be used by anyone else on your Apple iPhone or iPad.
If you want to print from iPhone without using any computer, check this out to connect and print wirelessly right from the Apple device.
Using Siri, anyone can bypass the Passcode even if iPhone or iPad is locked. Check out this to know how you can disable Siri on lock screen.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook