Yesterday  60 Minutes on CBS broadcast The Great Brain Robbery: Economic espionage sponsored by the Chinese government is costing U.S. corporations hundreds of billions of dollars and more than two million jobs. On the 60 Minutes website is posted extra content called “Correspondent Candid” which is embedded below. In this segment, we learn exactly how the Chinese steal our stuff.  At 47 seconds the big secret is revealed.

No surprise — spearphishing.  At Spearphishing – The Movie former FBI agent Eric Fiterman gives us a deeper dive into spearphishing technology. What we see is how bad guys use technology to access the key control element of IT systems — the users. The whole purpose of IT systems is for users to use them. That is the core vulnerability — the need for users to use systems — that spearphishing exploits.