Cyber Attacks on Corporations: Protecting US Competitive Advantage
As corporations expand into international markets, they are facing an ever-increasing risk of losing intellectual property and trade secrets. In many cases, foreign intelligence services of China or Russia have infiltrated these enterprises, exploiting cyber vulnerabilities to collect sensitive US corporate economic and technology information. When these countries succeed in placing insider threats within an organization or corporate networks, they can threaten not just assets but also reputation, commercial and military competitive advantage and financial viability.  According to the Obama Administration, the Chinese are most interested in stealing the secrets – or “crown jewels” -- that every company bets their business on and strives to protect. These exploitations cost the US economy $250 billion annually and companies with large or growing international presence are aggressively working to manage this risk.
Festival: 2014

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