How Silicon Valley Became a Den of Spies
https://www.politico.com/magazine/amp/story/2018/07/27/silicon-valley-spies-china-russia-219071 [www.politico.com]
2018-08-02 16:12
The West Coast is a growing target of foreign espionage. And it’s not ready to fight back.
Silicon Valley firms continue to downplay, or outright conceal, the extent to which the theft of trade secrets and other acts of economic espionage occur, said multiple former officials. “Coming forward and saying you didn’t have controls in place—that totally impacts shareholder or investor value,” noted one former intelligence official. “Especially when you’re dealing with startups or mid-level companies that are looking for funding, that’s a big deal. You’re basically announcing to the world, especially if you’re potentially going forward with a public trial, that you were not able to protect your information.”
source: grugq