Until employees are appropriately safeguarded, true information security is likely to remain just beyond reach.
Bill Priestap is a founder of Trenchcoat Advisors, a firm that helps businesses protect themselves from nation-state threats. He is also an adjunct professor at Georgetown University’s Walsh School of Foreign Service. He led the FBI’s Counterintelligence Division from 2015 to 2018.
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Foreign intelligence services aren’t simply stealing valuable assets to help their businesses—they’re engaging in an assortment of activities to ensure their countries dominate economically.
Around the world, spies are being used to respond to the pandemic by collecting information and equipment, engaging in information warfare, and exploiting contact-tracing platforms.
The Chinese Communist Party uses the full spectrum of law enforcement actions to exert leverage. And detaining an American on business could provide political and economic advantages.
American businesses have not fully recognized the enhanced nation-state threat environment within which they are operating, and they do not entirely appreciate the difference between risks and threats.
U.S. companies must understand that in many cases they are no longer simply competing with corporate rivals. They are competing with the nation-states supporting their corporate rivals.