China Has Hacked Every Major US Company—Richard Clarke

Richard Clarke, a former cybersecurity and cyberterrorism advisor for
the White House, was a U.S. government employee for 30 years: between
1973 and 2003. He worked during the times of Ronald Reagan, George H.W.
Bush, Bill Clinton, and even George W. Bush. He may not be working under
current U.S. president Barack Obama, but that doesn’t mean he doesn’t
have something to warning about. He says state-sanctioned Chinese
hackers are stealing R&D from U.S. companies, threatening the
long-term competitiveness of America. We’ve heard this before, but the
way Clarke puts it makes the situation look even more dire.
“I’m about to say something that people think is an exaggeration, but
I think the evidence is pretty strong,” Clarke said during an interview.
“Every major company in the United States has already been penetrated
by China. My greatest fear is that, rather than having a cyber-Pearl
Harbor event, we will instead have this death of a thousand cuts. Where
we lose our competitiveness by having all of our research and
development stolen by the Chinese. And we never really see the single
event that makes us do something about it. That it’s always just below
our pain threshold. That company after company in the United States
spends millions, hundreds of millions, in some cases billions of dollars
on R&D and that information goes free to China.After a while you
can’t compete.”

Clarke notes that while the U.S. government is involved in espionage
against other governments, it doesn’t hack Chinese companies and then
hand over intelligence to their American counterparts. He argues that
the same cannot be said for the Chinese government.