Yesterday, Tom Donilon, National Security Advisor to President Obama, delivered a speech in New York regarding Administration policy toward Asia. In it, he touched on a variety of areas, including trade secret theft:
“Increasingly, U.S. businesses are speaking out about their serious concerns about sophisticated, targeted theft of confidential business information and proprietary technologies through cyber intrusions emanating from China on an unprecedented scale. The international community cannot afford to tolerate such activity from any country. As the President said in the State of the Union, we will take action to protect our economy against cyber-threats.”
Trade secret theft can cripple a company’s competitive advantage, diminish export prospects, and put American jobs in jeopardy. The Administration will continue to act vigorously to combat the theft of U.S. trade secrets that could be used by foreign companies or governments to gain an unfair advantage in the marketplace.
U.S. Intellectual Property Enforcement Coordinator
Executive Office of the President