321. State-sponsored economic cyber-espionage for commercial purposes: Tackling an invisible but persistent risk to prosperity
- Author:
- Gatra Priyandita, Bart Hogeveen, and Ben Stevens
- Publication Date:
- 12-2022
- Content Type:
- Special Report
- Institution:
- Australian Strategic Policy Institute (ASPI)
- Abstract:
- As part of a multi-year capacity building project supporting governments in the Indo-Pacific with defending their economic against the risk of cyber-enabled theft of intellectual property, ASPI analysed public records to determine the effects, the actual scale, severity and spread of current incidents of cyberespionage affecting and targeting commercial entities. In 2015, the leaders agreed that ‘no country should conduct or support ICT-enabled theft of intellectual property, including trade secrets or other confidential business information, with the intent of providing competitive advantages to companies or commercial sectors.’ Our analyses suggests that the threat of state-sponsored economic cyberespionage is more significant than ever, with countries industrialising their cyberespionage efforts to target commercial firms and universities at a grander scale; and more of these targeted industries and universities are based in emerging economies.
- Topic:
- Cybersecurity, Economy, Espionage, and Commerce
- Political Geography:
- Indo-Pacific