Political Quotes

“I am joined today by Senators McCain, Rockefeller and Coburn in introducing a bill to respond to overwhelming and indisputable evidence of large scale cyber intrusions by the Government of China into the computer networks of private U.S. companies for the purpose of stealing valuable intellectual property and proprietary information. Such illegal and damaging behavior demands strong and immediate action. American companies invest hundreds of billions of dollars every year in research and development. The innovation that results from those investments drives the growth of American companies and the U.S. economy. Unfortunately, our companies are having their intellectual property stolen right out from underneath them through cyberspace. According to a 2013 Center for Strategic and International Studies study, cyber theft costs American companies $100 billion annually--a staggering amount that threatens to undermine America's global competitiveness. General Keith B. Alexander, former head of the National Security Agency and U.S. Cyber Command, has called the cyber theft of U.S. intellectual property ``the greatest transfer of wealth in history.'' Monday's Department of Justice indictment of 5 Chinese military officials for computer hacking, economic espionage and other offenses directed at 6 American companies confirms what earlier U.S.…”