How to Stop The China IT Leach Syndrome – Two Ideas

IDEA #1
If the US wishes to stop Chinese economic cyber-espionage, it will need to increase the costs and reduce the benefits to China of such activities. US government actions are important, but the key players in this game sit in the private sector. A true public-private partnership is needed.

The threat of Chinese cyberspying to US businesses is clear. A report released last week by the Commission on the Theft of American Intellectual Property states that: “China is two-thirds of the intellectual property theft problem, and we are at a point where it is robbing us of innovation to bolster their own industry, at a cost of millions of jobs.”(more)

With President Obama preparing for a first meeting with China’s new president, a commission led by two former senior officials in his administration will recommend a series of steps that could significantly raise the cost to China of the theft of American industrial secrets. If milder measures failed, the commission said, the United States should consider giving companies the right to retaliate against cyberattackers with counterstrikes of their own. (more)

IDEA #2
Espionage Outrage Reaches the Boiling Point ...and a solution. (more)

Please pick either one, or both, Congress—before it is too late. ~Kevin