Share “White House announces anti-theft trade...”

White House announces anti-theft trade strategy

Published on NewsOK Modified: February 20, 2013 at 5:13 pm •  Published: February 20, 2013
Advertisement

The administration report didn't threaten any specific consequences for theft of trade secrets, and no new fines or other trade actions were announced. It included five actions to protect American innovation:

— Applying diplomatic pressure by senior officials to foreign leaders to discourage theft.

— Promoting best practices to help industries protect against theft.

— Enhancing U.S. law enforcement operations to increase investigations and prosecutions.

— Reviewing U.S. laws to determine if they need to be strengthened to protect against theft.

— Beginning a public awareness campaign.

President Barack Obama signed an executive order last week aimed at helping protect the computer networks of American industries from cyberattacks. It called for the development of voluntary standards to protect the computer systems that run critical sectors of the economy such as the banking, power and transportation industries. It directed U.S. defense and intelligence agencies to share classified threat data with those companies.

He also prodded Congress during his State of the Union address to go further.

"Now, Congress must act as well by passing legislation to give our government a greater capacity to secure our networks and deter attacks," Obama said.

The president said America's enemies are "seeking the ability to sabotage our power grid, our financial institutions and our air traffic control systems. We cannot look back years from now and wonder why we did nothing in the face of real threats to our security and our economy."

___

Follow Nedra Pickler on Twitter at https://twitter.com/nedrapickler

Associated Press writer Lolita Baldor contributed to this report.