Sunday, September 25, 2022

Fears Grow of Russian Spies Turning to Industrial Espionage

Russia acknowledged this week that parts of its technology industry are dependent on foreign knowledge and lagging competitors by more than a decade, raising concerns that the country’s cyber spies will be used for industrial espionage.

Experts told The Record that Western companies should be on “full alert” for attacks from Moscow’s intelligence services. President Vladimir Putin has suggested in recent months that the country’s Foreign Intelligence Service (SVR) should support technological development as the country deals with mounting sanctions.

The admission about the state of Russia’s microelectronics industry is contained in a new strategic policy document from the Ministry of Industry and Trade, reported Tuesday by Kommersant. It lists a number of acute problems facing Russia’s domestic technology industry, including its dependence on foreign intellectual property; its lack of production capacity; and Russia being unattractive to investors. more