CryptoPolyTech.com
Crypto, Politics, Tech, Gaming & World News.

MI5 warns of sharp rise in foreign states trying to steal secrets from UK firms | CPT PPP Coverage

 | cutline • press clip • news of the day |

Cryptopolytech (CPT) Public Press Pass (PPP)
News of the Day COVERAGE

200000048 – World Newser
•| #World |•| #Online |•| #Media |•| #Outlet |

View more Headlines & Breaking News here, as covered by cryptopolytech.com


MI5 warns of sharp rise in foreign states trying to steal secrets from UK firms appeared on www.independent.co.uk by Margaret Davis.

MI5 is warning businesses to protect themselves against Chinese hackers amid a “sharp rise” in aggressive action by foreign powers.

Those involved in new technologies such as artificial intelligence, quantum computing and synthetic biology are being told to take action to protect their intellectual property.

As well as cyber security, firms are being warned to be aware of new investors if they are not sure where their money has come from.

Entrepreneurs can end up signing contracts that see their intellectual property taken offshore and lost for good.



States which lead the way in areas like artificial intelligence, quantum computing and synthetic biology will have the power to shape all our futures

Intelligence services across the Five Eyes alliance – the UK, US, Canada, Australia and New Zealand – are all issuing similar advice, particularly to start-up businesses in emerging technologies.

MI5 director-general Ken McCallum said: “Across all five of our countries we are seeing a sharp rise in aggressive attempts by other states to steal competitive advantage.

“This contest is particularly acute on emerging technologies; states which lead the way in areas like artificial intelligence, quantum computing and synthetic biology will have the power to shape all our futures.

“We all need to be aware, and respond, before it’s too late.”

Mr McCallum appeared onstage with the other heads of the Five Eyes intelligence services in public for the first time on Tuesday, at an event hosted by the Hoover Institution at Stanford University and the FBI.

During a so-called fireside chat to open the summit, FBI director Chris Wray said: “There is no greater threat to innovation than the Chinese government and it is a measure of how seriously the five of us and our services take that threat that we have chosen to come together to try to highlight that, raise awareness, raise resilience and work closely with the private sector to try to build better protection for innovation, especially in a place like northern California but really across all five of our countries.”

As well as the international advice, there is guidance drawn up by the protective security arm of MI5 and part of GCHQ that will be made available for businesses in the UK.

It covers areas including investments, supply chains, travel, IT networks and cloud computing.

While there is also concern about countries including Russia and Iran, the main warnings are focused on China.

The number of investigations by the UK intelligence service into Chinese activity of concern rose seven times between 2018 and 2022.

Last summer in a rare public appearance with Mr Wray, Mr McCallum revealed that the UK had shared intelligence about Chinese cyber threats with 37 countries in the past year, and disrupted a “sophisticated threat” against aerospace companies.

Examples of interference by the Chinese government included a British aviation expert who was paid for technical information on military aircraft by a company that turned out to be a front for the country’s intelligence service.

In another case, engineering firm Smith’s Harlow was forced into administration in 2020 after it entered into a deal with a Chinese company which abandoned the partnership once the UK firm had shared vital technology.

There are also investigations into potential Chinese influence in the UK parliament.

In September it emerged that a parliamentary researcher had been arrested on suspicion of spying for China.

And in a separate case in 2022, MI5 warned MPs that a suspected Chinese spy called Christine Lee had allegedly engaged in “political interference activities” on behalf of China’s ruling communist regime.

FEATURED ‘News of the Day’, as reported by public domain newswires.

Find more, like the above, right here on Cryptopolytech.com by following our extensive quiclick links appearing on images or [NEWSer CHEWSer].
View ALL Headlines & Breaking News here.

Source Information (if available)

This article originally appeared on www.independent.co.uk by Margaret Davis – sharing via newswires in the public domain, repeatedly. News articles have become eerily similar to manufacturer descriptions.

We will happily entertain any content removal requests, simply reach out to us. In the interim, please perform due diligence and place any content you deem “privileged” behind a subscription and/or paywall.

CPT (CryptoPolyTech) PPP (Public Press Pass) Coverage features stories and headlines you may not otherwise see due to the manipulation of mass media.

We compile ‘news of the day’ content in an unbiased manner and contextually classify it to promote the growth of knowledge by sharing it just like MI5 warns of sharp rise in foreign states trying to steal secrets from UK firms

First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!

You might also like