Posted on 08/09/2009 9:24:09 AM PDT by TigerLikesRooster
Rio Tinto spied on China for 6 years: state bureau
Sun Aug 9, 9:02 am ET
BEIJING (AFP) China's state secrets watchdog has accused Australian mining giant Rio Tinto of committing industrial espionage against China for six years and causing the country significant economic losses.
Chinese authorities detained Australian citizen Stern Hu and three other Shanghai-based Rio employees in early July and accused them of bribery and stealing state secrets during iron ore contract negotiations.
Rio said in July the accusations are "wholly without foundation."
"The large amount of data and intelligence on China's steel sector found on Rio Tinto's computers and the huge damage to the economic interests and security of the country are evident," said a report published over the weekend on the baomi.org website run by the State Secrets Bureau.
(Excerpt) Read more at news.yahoo.com ...
Ping!

China is just an amoral, lawless, authoritarian business counterparty?
State Secrets Bureau.
How long before we (USofA) have one as well?
This is going to be a real wake-up call to some in the IT security arena. I see consultants recommending full-disk encryption controlled by the home office for all overseas operations. It sounds like to me they got their from public sources and compiled it for due diligence purposes.
Chinese website slams Rio Tinto 'espionage
yitbos
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.