Wednesday, February 26, 2020

Feds to US Firms: Watch Out for Employees Trying to Steal Trade Secrets for China; PC Mag, February 26, 2020

Michael Kan, PC Mag; Feds to US Firms: Watch Out for Employees Trying to Steal Trade Secrets for China

"“It’s not a spy versus spy game anymore,” said William Evanina, Director of the National Counterintelligence and Security Center, during the panel. “This is the businessman, the engineer, the scientist, the student, the professor.”...

To stop the intellectual property theft, the feds are urging US companies to protect against insider threats, which can be spurred on both by foreign governments and domestic rivals, they noted. But the answer isn’t to profile employees or stop hiring staffers from certain countries, [John] Demers[US Assistant Attorney General for National Security] said. He suggests companies develop internal systems that can track when employees are accessing sensitive company files, which can help pinpoint when a IP theft might be occurring. For example, if a soon-to-be ex-staffer is suddenly accessing a huge trove of a confidential documents, the system should immediately flag the download to company administrators."

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