NSA official: Foreign hackers have ‘pummeled’ U.S. by stealing IP
Hackers sponsored by foreign governments have chipped away at the United States’ global economic advantage through a steady campaign of intellectual property theft, according to a top National Security Agency official. “It pains me to see the core of how we’ve defined ourselves over the last century” – in terms of innovation and intellectual property – “be continuously pummeled by external nation-state and non-nation-state-sponsored malicious cyber activity,” NSA Deputy Director George Barnes said Tuesday at the Intelligence and National Security Summit (INSA) in National Harbor, Md. Rather than one, devastating cyberattack, Barnes said there has been a “slow drop” of “continual theft of intellectual property from our industries.” Former NSA director Keith Alexander has repeatedly called the theft of U.S. intellectual property “the greatest transfer of wealth in history.” In a New York Times op-ed last year, Alexander and Dennis Blair, a former Director of National Intelligence, said such theft costs the U.S. $600 billion per year. […]
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