ONCIX presents Foreign Spies Stealing US Economic Secrets in Cyberspace to congress

The Office of the National Counter intelligence Executive (ONCIX) presented a report to Congress on Thursday, which claimed that both “adversaries” and “partners” were sticking their nose into government and business computers.

“Because the United States is a leader in the development of new technologies and a central player in global financial and trade networks, foreign attempts to collect US technological and economic information will continue at a high level and will represent a growing and persistent threat to US economic security,” the report said, eschewing any attempts at modesty.

The report, which was titled Foreign Spies Stealing US Economic Secrets in Cyberspace and covered 2009 to 2011, singled out China as a place where cyber intrusions often originated, although it didn’t specifically finger the country’s government.

“Chinese actors are the world’s most active and persistent perpetrators of economic espionage. US private sector firms and cybersecurity specialists have reported an onslaught of computer network intrusions that have originated in China, but the intelligence community [or the IC as the report offhandedly acronyms it]* cannot confirm who was responsible,” the office said.

Russia was another country to be named and shamed by ONCIX for pervasive cyber threats.

“Russia’s intelligence services are conducting a range of activities to collect economic information and technology from US targets,” the report pointed out.

Article Viewed on Oye! Times @ www.oyetimes.com

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