More Than 1,000 Cases Of Chinese Theft Of US Technology Being Investigated By FBI

According to a recent update, there are more than 1,000 cases of Chinese theft of U.S. Technology that is being investigated by the FBI. And in accordance, members of the U.S. government held a conference in Washington in order to shed more light on this problem that’s affecting the intellectual property of U.S. technology firms and its academic sector.

Named the China Initiative Conference, the officers who attended the conference said that its purpose is to bring the U.S. private sector and the academic and research communities up to speed with what’s going on with the investigations currently being made by the government.

The conference lasted for about 4 hours, and some of the highest-ranking officials from the Federal Bureau of Investigations (FBI) and the Department of Justice (DOJ) spent it putting both the private and academic sector up to speed with the threats they’re currently facing from Chinese entities.

"The threat from China is real, it's persistent, it's well-orchestrated, it's well-resourced, and it's not going away anytime soon," John Demers, Assistant Attorney General for National Security, said when he opened the conference.

"This one to me really stands out as the greatest long-term threat to our nation's information and intellectual property, and to our economic vitality," added Christopher Wray, currently the director for FBI.

IP Theft

Per the FBI director, the agency has been investigating piles upon piles of cases since 2018.

"The FBI has about a thousand investigations involving China's attempted theft of U.S.-based technology in all 56 of our field offices and spanning just about every industry and sector," Wray said.

On top of that, FBI Assistant Director for the Counterintelligence Division John Brown also said that the bureau has already made 19 arrests this fiscal year alone. Furthermore, these Chinese thefts that are happening are based on a plan that the Beijing government itself has handed to them, all with specific areas of interests to target.

"We have been deceived too long. I think we have woken up. I think we're taking the initiative, being aggressive," Brown said, adding that the FBI will be now more aggressive in tracking down these IP attacks.

FBI 150 pimps were arrested and 105 children were recovered in a sweeping prostitution raid that involved law enforcement in 76 U.S. cities. qwrrty / Flickr

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