Foster: Commends Department of Justice for Standing Up to Chinese Commercial Cyber Espionage
Washington, DC – Congressman Bill Foster released the following statement applauding efforts by the United States Justice Department to protect US businesses from commercial cyber espionage. Today it was announced that five Chinese individuals were indicted for attempting to steal trade secrets from six American companies.
“I am pleased to see the Justice Department cracking down on these attempts to steal trade secrets from US companies. Having served as the owner of a high-tech manufacturing company, I know how important the protection of intellectual property is,” said Foster. “Many businesses spend years, even decades, developing a successful product – and without strong protections against cyber espionage, all of that work can be stolen in a matter of minutes. The combination of state-sponsored cyber espionage on behalf of state-sponsored industries by China creates an intolerable situation for American businesses, and I applaud the Attorney General for his action. When sensitive trade secrets make their way from American companies to China, American jobs soon follow.”
Foster is a scientist and businessman who created a business at age 19 with his younger brother. That company, Electronic Theatre Controls, Inc., now employs hundreds of people in the Midwest and manufactures over half of the theater lighting equipment in the United States.