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Might be worth a read. China hacking Codan
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<blockquote data-quote="Diamond Jack" data-source="post: 164640" data-attributes="member: 5470"><p>"Hackers steal $160 billion worth of intellectual property from Western companies every year, according to cyber-security experts". Yep i've seen this activity in the telecommunications industry. Another favorite activity is they let you do the contracted equipment installation work and then NOT PAY....cost me thousands. The collateral damage from stealing intellectual property, a product of enormous investment in research and development and your product GONE. The Government must factor this in their trade deal and the little players are just...well we don't count really. They couldn't give a dingos kidney.</p><p>I have also seen big players get burnt too millions of dollars surely that adds up to something significant. Good nite China...sleep well, try to think about ethics...actually just try to spell it.</p></blockquote><p></p>
[QUOTE="Diamond Jack, post: 164640, member: 5470"] "Hackers steal $160 billion worth of intellectual property from Western companies every year, according to cyber-security experts". Yep i've seen this activity in the telecommunications industry. Another favorite activity is they let you do the contracted equipment installation work and then NOT PAY....cost me thousands. The collateral damage from stealing intellectual property, a product of enormous investment in research and development and your product GONE. The Government must factor this in their trade deal and the little players are just...well we don't count really. They couldn't give a dingos kidney. I have also seen big players get burnt too millions of dollars surely that adds up to something significant. Good nite China...sleep well, try to think about ethics...actually just try to spell it. [/QUOTE]
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Might be worth a read. China hacking Codan
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