The loss of intellectual property (IP) through cyber espionage and cyber crime constitutes the greatest transfer of wealth in history. U.S. companies alone loose around a quarter to half a trillion dollars annually through intellectual property theft, with over a hundred billion lost due to cyber crime – a number that can be tripled when the costs of downtime are taken into account.
There are many challenges in the field of IP protection, however, the chief among them is China and its national program of integrating IP theft into Chinese industry via cyber espionage, as its ambitions are curtailed by export restrictions. Some of the most vulnerable industries to this campaign are those in information technology, advanced manufacturing (especially in semiconductors), aerospace, maritime, rail, high-tech shipping equipment, new-energy vehicles, biotech, and pharmaceutical products.
Link to Research Report: CHINA IP THEFT REPORT - CYFIRMA
#geopolitics #etlm #Cyfirmaresearch #ThreatIntelligence #G7 #Chinesegovernment #cybersecurity
https://www.cyfirma.com/
