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Chapters FBI and the UK’s National Security Service shared the platform for the first time to issue dire warnings about the threats posed by the Chinese government’s spying operations.
As reported BBCFBI Director Christopher Wray and CEO MI5Ken McCallum spoke at the joint event at London Headquarters to an audience that included company executives and leading university figures.
China is a ‘big problem’
According to both leaders, China wants to steal technology from companies and “will spare no effort to get it done.”
“The Chinese government intends to steal your technology, whatever it is, that makes your industry successful, and use it to undermine your business and dominate your market,” Ray said in his speech. Director FBI He added that the privacy benefits of the technology can sometimes outweigh the benefits of accessing the Chinese market.
“Maintaining a technological edge can do more to add value to a company than partnering with a Chinese company to sell in this huge Chinese market, only to find that the Chinese government and their partner are stealing and copying their innovation,” Ray said, and he added, that it poses “an even more serious threat to Western business than even many sophisticated entrepreneurs imagined.”
“Today, for the first time, leaders FBI and MI5 they have a common platform,” McCallum said. “We are doing this to send the clearest possible message about a big common challenge: China”. He added that the threat is “real and urgent” and that it could be “the most innovative challenge we face.”
In their speech, they allege that the Chinese government is waging a “coordinated campaign” to gain access to critical technology, as well as “large-scale fraud and theft.”
China strikes back
Representative of the embassy China He denied the allegations, saying the country is “against all forms of cyber warfare.”
The statement criticized “American politicians who tarnish the image of China and presenting the country as a threat with false accusations”
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Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.