Sentences with phrase «economic espionage»
"Economic espionage" refers to the illegal act of gathering confidential or proprietary information from a company or organization to benefit another country, company, or individual. It involves stealing trade secrets, technological advancements, or financial data through covert activities. Essentially, it is a form of spying aimed at gaining an economic advantage by obtaining secret information from other entities. Full definition
The federal Economic Espionage Act of 1996 makes these types of disclosures a crime.
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As evidence, SolarWorld cites a 2014 Grand Jury indictment of five agents of the People's Liberation Army for acts of economic espionage including breaking into SolarWorld's computers.
Furthermore, anyone who alleges CSEC engages in economic espionage at all is «guessing.»
This includes deploying large - scale, sophisticated, and malicious supply chain attacks that assist bad actors with economic espionage and can threaten the physical security of a nation in the long run.
The range of Chinese economic espionage, from simple household goods like wooden furniture and house paint to the most advanced high - tech products, is part of the explanation for China's rapid growth.
The two leaders promised, among other things, that neither the U.S. nor the Chinese government would target each other for economic espionage via the Internet and that their countries would cooperate during cybercrime investigations.
CSIS has also assigned more of its counter-intelligence resources to investigate the activities of foreign governments that decide to conduct economic espionage in Canada in order to gain an economic advantage or try to acquire technology in Canada that can be used for the development of weapons of mass destruction.»
Handle major Trade Secret and Economic Espionage Act litigation in software, hardware and materials industries.
China has become a country that can innovate, but it is unwilling to give up the crutch of economic espionage and will never do so unless it is pressed.
In June, China signed an agreement with Canada saying it will no longer conduct state - sponsored industrial and economic espionage (the agreement does not cover government or military spying).
The DHS reported that the attacks were most often aimed at «economic espionage and reconnaissance.»
Close to half of the indictments brought under the Economic Espionage Act since its passage in 1996 have involved China, Toren says.
Under a recently revised federal law, a person convicted of economic espionage can be fined up to $ 5 million and sentenced to as many as 15 years in prison.
U.S. officials in Milwaukee have arrested a cancer researcher from China, Huajun Zhao, 42, on charges of «economic espionage» after a colleague at the Medical College of Wisconsin (MCOW) reported that vials of a research compound were missing.
Scientists say they were surprised to learn about the NASA policy, aimed at thwarting military and economic espionage, and some want their colleagues to boycott the meeting.
Pharmacologist Huajun Zhao, 42, is in custody on «a single count of economic espionage,» reports the Milwaukee Journal - Sentinel.
Anyone who wishes to buy and sell my email, web clicks or on - line behaviour without my express permission is engaging in kind of economic espionage, specifically aimed at me as a private person.
I strongly consider that this should be a crime on Canada, and that Microsoft is doing exactly the right thing in resisting being a party to economic espionage.
The Russian - born Zeltser, a US citizen and resident of New York, was formally convicted in Belarus in a closed - door trial on charges of economic espionage, using false official documents, and possession of illegal drugs.
Criminal offences committed on an Austrian ship or aeroplane are subject to the StGB, as are certain offences regardless of the criminal law of the place of the offence, including economic espionage, criminal offences against an Austrian official, human trafficking, terrorism, corruption and several other types of major crimes (section 64 StGB).
In the latter area, Mr. McDaniels has successfully defended cases involving allegations of bank fraud, healthcare fraud, sports bribery, gambling offenses, money laundering, environmental crimes, and the Economic Espionage Act.
«Commentary: The Economic Espionage Act — Is it finally catching on?»
On May 11, President Obama signed into law the Defend Trade Secrets Act of 2016 (the «DTSA»), [1] which amends the Economic Espionage Act («EEA»), 18 U.S.C. § 1831 et seq., a criminal statute that prohibits trade secret...
After serving with the FBI for over 20 years, Anderson is a recognized expert in cybersecurity, incidence response, cyber hacking, counterintelligence, and economic espionage.
This includes cases involving corruption, improper anti-competitive behavior (such as antitrust / cartel issues and commercial bribery), securities and accounting fraud, and economic espionage / trade secrets.
I don't know for certain, but I suspect Canada and the US would have liberal jurisdiction and extradition laws when it comes to conspiracy and economic espionage.
These issues include: covenants not to compete, non-solicitation and non-disclosure agreements, unfair competition, employee raiding, trade secrets, duty of loyalty, Computer Fraud & Abuse Act, Economic Espionage Act, and state trade secrets and unfair competition statutes.