Speaking at Business Insurance’s inaugural Cyber Risk Summit in

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WASHINGTON — China is stealing intellectual property at a “breathtaking pace,” according to the chairman of the House of Representatives Intelligence Committee.Speaking at Business Insurance’s inaugural Cyber Risk Summit in Washington, D.C., on Thursday, Rep. Mike Rogers, R-Mich., said that this week’s indictment of five Chinese military officials for alleged cyber spying is “an important shot across the bow.”He added, though, that the indictments must be followed by a series of actions, such as going after visas of some Chinese nationals.Rogers, who served as the summit’s opening keynote speaker, said the problem of Chinese theft of intellectual property is not a problem for the United States only. China will steal from any country that has innovation in its economy, including South Korea and European nations knowles-cadbury-brown , Rep. Rogers said.With the indictments, “the gears just shifted hermes replica belts ,” he said. “Put your helmets on; it’s going to be a bumpy ride.”Business Insurance is a sister publication of Crain’s Detroit Business.

China stealing intellectual property at ‘breathtaking pace,’ Michigan congressman warns

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