"Industry's annual loss of intellectual property has been estimated at more than $200 billion a year."
~ Paul B. Kurtz - cyber security expert
U.S. intelligence agencies are unable to share information about foreign cyber attacks against companies for fear of jeopardizing intelligence-gathering sources and methods, cyber security expert Paul B. Kurtz told (congressional) lawmakers yesterday.
Kurtz, who served on the National Security Council in the Clinton and Bush administrations, spoke at the first open hearing on cyber security held by the House Permanent Select Committee on Intelligence...
Kurtz expressed concern about the breadth of the attacks. "American industry and government are spending billions of dollars to develop new products and technology that are being stolen at little to no cost by our adversaries," he said. "Nothing is off limits -- pharmaceuticals, biotech, IT, engine design . . . weapons design." (more)
