steel, the united steelworkers union, algony technologies and solar world, five of which are located in pittsburgh, pennsylvania. the information they stole helped chinese companies in negotiations or trade disputes with each of the targeted organizations. while these indictments are the first of their kind, businesses in the united states have been facing cyberattacks like this for years. i'd like to think that these cyberspies will prosecuted and imprisonednary -- for their actions at some point but that won't reverse the damage they've done. congress needs to focus right now, today, on protecting the american workers and businesses who face these attacks every day. i would urge my colleagues on both sides of the aisle to support our amendment and begin taking the necessary measures to counter science espionage. this amendment would take the first step by determining if the u.s. government as the tools it needs to do just that. let's send a clear message to the bad actors around the world that the united states has the power and the will to punish these ezz -- those that engage in

steel, westinghouse, alcoa, allegheny technology, solar world and the united steelworkers union. the five men work from the same office building in shanghai from which they stole everything ranging from product designs to confidential legal strategies, all apparently an effort to give chinese companies an advantage over their american counterparts. attorney general eric holder today declared quote, enough is enough. >> today we're announcing an indictment against five officers of the chinese liberation. this is the first charges for state actors for infiltrating united states commercial targets by cyber means. >> press secretary jay carney refused to answer whether the subject was even brought up when china's top general was in washington just last week. >> we have consistently and candidly raised these concerns with the chinese government and today's announcement reflects our growing concern this chinese behavior has continued. >> so why is the president targeting individuals instead of governments that are so transparentally behind these acts. all china has done is steal billio

westinghouse electric, alcoa, allegheny technologies incorporated, united states steel, united steelworkers union, and solar world. this is a case alleging economic espionage by members of the chinese military. the range of trade secrets and other sensitive business information stolen in this case is significant and the man's an aggressive response. the indictment alleges that these officers maintain unauthorized access to victim computers to steal information from these entities that would be useful to their competitors in china including state owned enterprises. in some cases, they stole trade secrets that would have been particularly beneficial to chinese companies at the time they were stolen. in others, they still sensitive internal communications that would provide a competitor or adversary with insight into the strategy and vulnerabilities of the american entity. in sum, the alleged hacking appears to have been conducted for no other reason then to get advantage of state owned companies in china at the expense of businesses in the united states. this is a tactic the united states governmen

steel, which declined to comment, as did allegheny technologies, the united steelworkers union.nd solar world. the five defendants were all part of understand 61398, allegedly the most prolific -- operating from a nonsdrib building in shanghai. accusing the u.s. of inventing facts. a spokesman called for the u.s. to withdraw what he called the so-called charges, sue? >> scott, stay with us. let's bring in our panel, software pioneer, as scott mentioned his report. he did indeed cash it redhanded, and investor peter chironen, author of becoming china's bitch, peter believes it's high time that espionage rules are finally being put in place. kevin, i'm going to chart with you. >> last year in february, we released a report that showed that we responded to 141 victim companies. the way we were able to catch the chinese actors that are even mentioned is in fact they maid operational security mistakes. >> is sounds like they aren't quite as good at hacking as perhaps many say they are. >> peter, let me go to you. you say it's high time that these rules and regulations get put in plac

steel, united steelworkers union and solar world.do you think the chinese are looking for and what would they do with that information? what's the end game here? >> well this particular case we're talking about manufacturers of raw materials. but quite frankly this goes across every industry vertical, every sector. the retail sector, financial services sector, health care, communications, transportation. it really is just about getting a competitive advantage. we've seen companies and my organization we've done investigations where we've seen companies targeted in advance of a merger or acquisition with a chinese company. a couple of months prior to that deal being consummated the chinese government is inside their corporate networks, they are stealing data so when they sit down at the negotiation table they know tans in advance of the test. that's not fair. it's not competitive. it's not the way business is done. >> sean, who play as more important role in stopping china. is it the companies themselves or the u.s. government? >> i t

specifically: alcoa, allegheny technologies incorporated, united states steel, the united steelworkers union, solarworld, and westinghouse electric. >> all nations are engaged in intelligence gathering. what i think distinguishes this case is that we have a state- sponsored entity, state- sponsored individuals using intelligence tools to gain commercial advantage. >> ifill: the indictments mark the latest stage in a growing u.s.- china struggle over cyber- espionage. in october 2012, the house intelligence committee took aim at two major chinese telecom companies, huawei corporation and z.t.e. technologies, for their ties to the chinese government. it warned u.s. companies against doing business with them. then, in his 2013 state of the union address, president obama called for strengthening cyber defenses. we cannot look back years from now and wonder why we did nothing to deal with real threats to our economy. >> ifill: but china has complained the u.s. government is doing the same thing to other countries, as revealed by the n.s.a. leaker edward snowden, now in asylum in russia. the suspe

the victim entities include westinghouse electric, alcoa, united states steel, united steelworkers unionand solar world. economic espionage. stolen in thists case is significant. aggressivean response. these officers had unauthorized access to steal information that would be helpful to their competitors in china, including state-owned enterprises. they stole trade secrets that have been beneficial to chinese companies at the time they were stolen. they stole sensitive internal communications that would provide a competitor or an azeri with insight about the american entities. the hacking appears to have been conducted for no other reason than to advantage state-owned companies and other interests in china at the expense of victims here in the night it states. this is a tactic that the united states never meant that ounces. president obama has said on numerous occasions, we do not collect intelligence to provide a competitive advantage to our companies or to the commercial sector. economic security and our ability to compete fairly in the global marketplace are linked to our national secu

westinghouse , technologiesa incorporated, united states steel, united steelworkers union, and a solar world. by membersew notches of the chinese military. the range of trade secrets and other sensitive business information stolen is annificant and demands aggressive response. it alleges that they maintained unauthorized access to computers to steal information from these entities that would be useful to their competitors in china including state-owned enterprises. in some cases, they stole trade secrets that would have been particularly beneficial to chinese companies at the time that they were stolen. in others, they still sensitive internal communications that would provide a competitor or adversary in litigation with insight into the strategy and the vulnerabilities of the american entities. the alleged hacking appears to be conduct did for no other reason then to advantage state owned companies and other interests in china at the expense of businesses here in the united states. this is a tactic that the united states government categorically denounces. said, weent obama has do not

the united steelworkers union, the largest union in north america, and solar world, a leading solar manufacturingcompany. these victims are tired of being raided. it is important for their government to take a stand against criminals who infiltrate and exploit their computer networks. our domestic corporations struggle to compete with china on the pricing of steel and other goods. our competitive advantage has been to engineer superior, stronger, and more advanced products such as oil country tubular goods and seamless standard line pipes. these initiatives costs billions of dollars in capital and research and development costs. and these computer intrusions enable the theft of this technology and blunt our ability to compete. at the time of these computer intrusions by the chinese military, u.s. steel, the steel workes, and ati and other companies were involved in trade disputes to redress dumping by choo in a's state owned steel companies through accepted international dispute reck -- dispute mechanisms. the success of the entities and trade litigation also made them targets. the hackers stole

technologies, a large integrated specialty metals company headquartered in pittsburgh, the united steelworkers union the largest industrial union in north america and solarworld, a leading solar products manufacturing company. these victims are tired of being raided. it is important for their government to take a stand against criminals who infiltrate and exploit their computer networks. some of the malicious activity described in the indictment appears designed to benefit chinese-owned steel industry. our domestic corporations struggle to compete with china on the pricing of steel and other goods. our competitive advantage has been to engineer superior, stronger, and more advanced products such as oil country tubular goods and seamless, standard line pipes. these initiatives cost billions of dollars in capital in research and development cost, and these computer intrusions enable the best of this technology and blunt our ability to compete. at the time of these computer intrusions by the chinese military u.s. steel, the steelworkers and ati and other companies were involved in trade disputes to red

they include westinghouse, alcoa, allegheny technologies, the united states steelworkers union and solar world. by the way, china has just responded to these allegations. and calls the charges fabricated, fictitious and absurd. evan, i want to begin with you. as the justice correspondent here. the justice department doesn't just throw these kinds of allegations out frivolously. we're talking about a major nation and a major set of crimes. >> right. this is a big deal. they've been working on this for a couple of years now. i think they're ready to announce something on this probably just over a year ago. and then edward snoden happens. and suddenly the u.s. has to face the accusations frankly that the nsa was doing its own espionage all over the world. >> so it's delayed, big deal. so now we're there. >> but now we're -- yeah. >> where does the attorney general get off saying we intend to bring them to justice? we're talking about the chinese military. they're not going to extradite top officers of the chinese military for trial in the u.s. >> as long as they stay in china, they don't go

technologies, a large integrated specialty metals company headquartered in pittsburgh, the united steelworkers union, the largest industrial union in north america, and solarworld, a leading solar prius manufacturing company. these victims are tired of being raided. it is important for their government to take a stand against criminals to infiltrate and exploit their computer networks. some of the militia's activity described in the indictment appears designed to benefit the chinese--pound steel industry. our domestic corporation struggles to compete with china on the pricing of steel and other goods. our competitive advantage has been to engineers superior, stronger, and more advanced product such as oil country tubular goods and seamless standard line pipes. these initiatives cost billions of dollars in capital and research and development costs. in these computer intrusions enable the theft of this technology and what our ability to compete. at the time of these computer intrusions by the chinese military u.s. steel, the steelworkers, and eight t i and other companies were involved in trade dispu

steelworkers union and solar world, the first time they have accused another nation of internet hacking. ought range secrets stolen in the case is significant. it demands an aggressive response. >> united states intelligence officials have believed the chinese government was engaging in a state-sponsored campaign to hack into united states business interests to gain unfair economic advantage. >> conducted for no other reason than to advantage state-owned companies and other interests in china at the expense of businesses in the united states. >> this focuses on economic espionage but last week the defense secretary hagel was asked if he was confident that united states drones and warships will not be hacked. >> i'm not confident of anything in this business. >> the five military officials are now considered international fugitives but it is unclear if they will be taken into custody. this action by the u.s. government is sure to strange relations with china. >>> the increase in tolls to ease the rush hour traffic on the bay bridge may not be working exactly as planned. there could be other factors that explain the increase in drivers. matt keller joins us from the toll plaza with the s

it for years, and they apparently have this unit in shanghai, they say it is a 12 story building to steal stuff from u.s. steel and even the steelworkers unionive accused government workers. why did we do it now if as you say it is a potential danger for american business? >> a cynical reason is the obama administration wants to get its scandals. innocent human beings died because of the government's incompetence off the front page. there may be some intelligence reason for doing it now. if you look at the chinese government's response, is basically you know who is spying on you, we know who is spying on us, we are both spying on each other. indicting the four low-level people. these are not chinese admirals of directors of intelligence, these are the people actually working the computers. guess who is in beijing today. vladimir putin. eric: thank you. >> a pleasure, eric. martha: critics slamming president obama's lack of reaction so far to the va scandal. addressing into how he addressed other issues, so is there a pattern to this? we will debate that coming up. eric: if you could ask anybody to the prom, who would it be? george clooney, d