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News Summary: US gov't moves against trade theft

Published on NewsOK Modified: February 20, 2013 at 8:20 pm •  Published: February 20, 2013

ANTI-THEFT: The Obama administration announced a broad new effort to fight the growing theft of American trade secrets following fresh evidence linking cyberstealing to China's military.

TWO-PRONGED APPROACH: The plan includes a new diplomatic push to discourage intellectual property theft abroad, along with better coordination at home to help U.S. companies protect themselves.

THE BACKGROUND: The administration says indications are that economic espionage is increasing. This week U.S. cybersecurity firm Mandiant found more than 140 companies, most of which are in the US, had been compromised.