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2) Stealing trade secrets and economic espionage: an abridged overview of the Economic Espionage Act
Author
Series
CRS report volume R42682
Author
Series
CRS report volume R46974
Summary
Many Members of Congress have raised concerns over the frequency, types, and impacts of cyber incidents during hearings, speeches, and in legislation. Cyber incidents affect nearly every national entity, from federal and state government agencies to private companies and individuals. One course of action to stymie attacks has been to investigate who the adversaries are that conduct cyberattacks, what types of activities they conduct online, and how...
Summary
This report examines the substantial economic costs that malicious cyber activity imposes on the U.S. economy. Cyber threats are ever-evolving and may come from sophisticated adversaries. Due to common vulnerabilities, instances of security breaches occur across firms and in patterns that are difficult to anticipate. Importantly, cyberattacks and cyber theft impose externalities that may lead to rational underinvestment in cybersecurity by the private...