On July 24, the Office of the Director of National Intelligence’s (ODNI) National Counterintelligence and Security Center (NCSC) issued a joint bulletin with ODNI’s Office of Economic Security and Emerging Technology (OESET), the Air Force Office of Special Investigations (AFOSI), and the Naval Criminal Investigative Service (NCIS) to protect U.S. emerging technology startups from investment by foreign threat actors.
“U.S. emerging tech startups are at the forefront of American innovation, but they face risks when seeking potential foreign investment to expand their firms. Unfortunately, our adversaries continue to exploit early-stage investments in U.S. startups to take their sensitive data. These actions threaten U.S. economic and national security and can directly lead to the failure of these companies. Today’s bulletin highlights this evolving threat and provides guidance for startups to secure their innovation as they grow,” said NCSC Director Michael Casey.
The joint bulletin provides information on this threat, as well as potential indicators, mitigation steps, and where to report incidents.
Source: ODNI
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By Loren Blinde
July 25, 2024
