Cyber Espionage
Cyber espionage is becoming a significant economic threat to most US Corporation. Companies are losing valuable data and intellectual properties to the hacker. As result of this practice, businesses are losing their competitive edge in the global market which has translated to massive losses. This term paper tackles some of the key issues in this cyber warfare.
Intellectual properties, trade secrets, and military secrets are some of the information cyber espionage groups are stealing from the US. The groups are using the information to have the upper hand and reduce the competitive edge of the US Corporations. They are re-engineering intellectual properties and using the trade secret to have the upper hand in the business world. According to Gen. Michael, he refers cyber espionage as stealing of American jobs, wealth and competitive advantage. The Chinese have coveted the US military system, this one of the reasons they are stealing the military secrets.
Circumstantial evidence pin point to China as the perpetrator of this war. When Nortel was hacked, forensic evidence identified and IP address from Shanghai. Internet activities of the CEO also indicated traffic from Beijing when performing a Yahoo session. When RSA was hacked in 2011, the evidence pointed to Asia. The evidence available is believable. However, the Chinese government has distanced itself from these allegations which have been by the US.
China has suffered adversely at the hands of colonial powers. According to Seagal, China is engaging in Cyberespionage to ensure they are independent of imperative technologies. The greatest fear of the Chinese is to fall behind technologically and watch they fast-growing economy drag down. They have economic and political initiatives which are geared to moving up the in the chain. They are aiming to be the inventor of most technologies and move from ‘made in China,' to ‘ created in China.'
Nortel management was hacked, but the management did not take the issues seriously. They never thought that cyber espionage was a threat to its existence. The video is not clear on why the management did not take the case seriously. The case was closed, but one of the employees decided to give the issues a much thought. He discovered the source of the perpetrator and also noted that the CEO was being monitored by same grouped that hacked the Corporation. Most corporations do not take the issues seriously, in most scenarios, they are not aware of the danger that comes with cyber espionage. Most of these companies are being monitored by these groups, but the managements are not aware of these threats.
The Chinese are using APT, whereby they are continuously monitoring and stealing information from different corporation 24/7. The sophistication of their methods is improving each day. The hacking …
