narrator: tonight on frontlin the fish on my plate. frontlinis made possible by contributions to your pbs station from viewers like you. thank you. and by the corporation for public broadcasting. major support for frontliis provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information is available at macfound.org. additional support is provided by ford foundation, working with visionaries on the frontlines of social change worldwide. at fordfoundation.org. the park foundation, dedicated to heightening public awareness of critical issues. the john and helen glessner family trust. supporting trustworthy journalism that informs and inspires. and by the frontline journalism fund, with major support from john and jo ann hagler and additional support from chris and lisa kaneb. major support for this program is provided by the kendeda fund, investing in transformative leaders and ideas. well, th
narrator: tonight on frontlin the fish on my plate. frontlinis made possible by contributions to your pbs station from viewers like you. thank you. and by the corporation for public broadcasting. major support for frontliis provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful world. more information is available at macfound.org. additional support is provided by ford foundation, working with visionaries on the frontlines of social change worldwide. at fordfoundation.org. the park foundation, dedicated to heightening public awareness of critical issues. the john and helen glessner family trust. supporting trustworthy journalism that informs and inspires. and by the frontline journalism fund, with major support from john and jo ann hagler and additional support from chris and lisa kaneb. major support for this program is provided by the kendeda fund, investing in transformative leaders and ideas. well, th
the hearing of the senate judiciary subcommittee on crime and terrorism will come to order. i m expecting that my ranking member senator lindsey graham will be here shortly. i just saw him on the c-span screen. i know he s on the floor and not here. but i have permission from his staff to proceed. he will join us as soon as his schedule permits. i also want to recognize in the audience ed pigano. it s good to have him back in a different capacity. we are having a hearing today that is entitled, economic espionage and trade secret theft. are our laws adequate for today s threats? today the subcommittee is going to explore how we can better protect american businesses from those who try to steal their valuable intellectual property. american committees are renounced as being the most innovative in the world. companies of every size and in every industry from manufacturing to software to biotechnology to aerospace own large paortfolios of legally protected trade secrets they ha
good afternoon, chairman nelson, ranking member collins and members of the committee. i appreciate the opportunity to appear before you on behalf of the federal trade commission to discuss the commission s role in combating telemarketing fraud. as we have heard the jish inflicted by fraud is well-known. the harm is not just economic but emotional as well. to tackle phone fraud, the ftc uses law enforcement with close coordinate with federal and international counterparts, education and outreach and an initiative to spur technological innovation to develop tools that help consumers avoid unwanted calls and also help law enforcers to track down the frauds. first law enforcement and with a focus on imposter scams. each of us seeks out and relies upon trusted sources. that s the very thing scammers use and twist. whether they pretend to be from the government, a family member or hide behind a recognizable corporate name. impersonating someone trusted is more than a door opener.
general keith alexander, until recently, the head of nsa and of cyber command at the pentagon, has characterized the cyber theft of american intellectual property as i ll quote the greatest transfer of wealth until history. and of course, we re on the losing end of it. but no estimate can fully capture the real impact of trade secret theft. when other countries and foreign businesses steal our trade secrets, they are stealing our ideas. they are stealing our innovation. most importantly, they are stealing our jobs. in my own state of rhode island, we continue to face unexpectedly high unemployment despite having some of the most innovative businesses in the country. if we do not protect our businesses, we are letting that innovation go to waste and we are letting american jobs go overseas. in the past, some companies were reluctant to talk about this issue because no one likes to admit that they have been victimized. but many are not coming forward to speak out because they r