December 5, 2021

Volume XI, Number 339

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December 03, 2021

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Uncle Sam’s Economic Espionage – Not Looking for Your Trade Secrets

From India’s Business Standard, a report on the comforting information, I guess, that the NSA’s collection of information from private companies is not looking for trade secrets, but only following terror money as it moves around the world.

This follows on the heels of reports that the NSA has hacked into the systems of various foreign companies including a Brazilian state oil company.

trade secrets uncle sam espionageThe report quotes James Clapper, Director of National Intelligence:

“What we do not do, as we have said many times, is use our foreign intelligence capabilities to steal the trade secrets of foreign companies on behalf of, or give intelligence we collect, to US companies to enhance their international competitiveness or increase their bottom line.”

This issue, obviously, is far from settled.

Copyright © 2021 Womble Bond Dickinson (US) LLP All Rights Reserved.National Law Review, Volume III, Number 253
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About this Author

Pressly M Millen, Womble Carlyle Law Firm, Complex Commercial Litigation Attorney, Antitrust Business matters Lawyer
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Press is a trial attorney who has litigated a wide variety of antitrust and other complex business cases, including class actions, in federal and state courts throughout the United States. He has represented clients in numerous industries including pharmaceuticals, software, telecom, and retail. He achieves success for his clients in litigation by being ready, willing and able to take those cases to trial. Press has been named by Business North Carolina as one of its Legal Elite in both Antitrust and Litigation.

Press has represented both defendants and plaintiffs in...

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