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  • Who’s Stealing Your China Trade Secrets?

    The Wall Street Journal's Joseph Sternberg recently wrote an interesting article, entitled "China WikiLeaks Itself" and subtitled, "Perhaps the threat of cyber crime will finally lead to a long-awaited intellectual-property epiphany." The thrust of the article is that companies should worry less about losing their trade secrets and Intellectual property lost by outsider hacking and start worrying more about having those things taken by insiders: Sternberg writes that the information being published by Wikileaks does not evidence "a hacking problem per se so much as a theft problem exacerbated by the Internet's ability to rapidly disperse information." Insiders are the biggest threat: The fundamental information-security threats are not so different in China compared to the rest of the world. Insiders remain the biggest problem. Hackers can do some damage simply by being disruptive—as with the group that crashed the websites of Amazon, Visa and MasterCard in connection with WikiLeaks. But hackers can do significant damage if they know what information to steal and how to exploit it. Most outsiders won't. Therefore they stick to hacking bits of information that are easily identified and used, such as strings of credit-card numbers zipping between customer and merchant in the ether.

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