Intelligence experts: Economic, technology espionage still cut-throat

[Rebecca Sanders]

As the global economic crisis forces countries to maximize competiveness, U.S. businesses have lost at least $13 billion due to attacks on their intellectual property by foreign countries, a senior FBI official said Thursday. At a hearing hosted by the House Subcommittee on Counterterrorism and Intelligence, authorities warned that intellectual property thefts conducted by foreign [...]

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[Pete Cornejo --]

It is unfortunate that our businesses have to suffer. This economic climate is really in need of a change. Our country is comprised of private enterprise and cannot afford any losses.