WireScreen

Did you miss an WireScreen's deep dive into the U.S. Department of Commerce's Entity List  as a strategic tool for countering China's military ambitions? Watch now to discover: ✅ How to map evasion networks using WireScreen's corporate data ✅ The latest on Chinese business structures and US government countermeasures ✅ The pivotal role of the Entity List in protecting national security Click the link below to watch! #EntityList #China #SupplyChainSecurity #CorporateIntelligence

The US National Counterintelligence and Security Center (#NSCS) has warned technology start-ups that foreign adversaries, particularly from #China, are targeting tech start-ups, using investments to acquire sensitive data and threaten national security. Key concerns include: 🔒 Espionage risks through investment vehicles 🔒 Data theft and IP exfiltration 🔒 Undue foreign influence on U.S. companies Increased vigilance in screening and monitoring foreign investments is crucial. WireScreen provides advanced analytics to help organizations identify hidden risks, protect critical assets, and make informed decisions. Let's work together to safeguard innovation while fostering economic growth. #NationalSecurity #CFIUS #TechStartups #DataProtection #WireScreen #ForeignInvestment

TL;DR China steals our stuff! WireScreen is doing amazing work (thanks Trevor DeLew for the graphics) keeping pace with this threat. China and other foreign threat actors use the fast and loose operating at the fringes of the VC ecosystem to gain more and more influence over US and partner nation based tech companies. And it is moving from the fringes to the mainstream. In 2018, the U.S. Trade Representative warned that the People’s Republic of China (PRC) government directs the investment in, and acquisition of, U.S. companies by China-based firms to obtain technologies and Intellectual Property (IP), and to facilitate technology transfer to support PRC state plans. VC investment from China has focused on U.S. emerging technology sectors like Artificial Intelligence and other PRC government priorities. Recent developments have heightened these concerns: In January 2024, the U.S. Department of Defense (DOD) added IDG Capital, a China-based VC/ private equity firm, to its list of “Chinese military companies” operating directly or indirectly in the U.S. The firm has invested in more than 1,600 companies, including several in the U.S. Last year, the CEO of a U.S. startup (which is suing defendants in China for trade secret theft) told U.S. Congress that some China-based VC firms may target and pay employees of U.S. startups to acquire technology, then fund competitors in China who try to monetize the stolen technology.  Some U.S. and European firms have alleged China-based investors offered them investments, then withdrew the offers after obtaining their proprietary data in the due diligence process. One U.K. firm, after agreeing to a takeover by an investor in China, began transferring technology to its would-be acquirer in exchange for part of the firm’s sales price. The investor in China later abandoned the acquisition. The U.K. firm was left facing bankruptcy after sharing its IP. A complete DD package has to include a scrub of every level of LP in the source Fund.

If you haven’t had a chance to read the most recent article from WireScreen please find the time. Incredibly in depth and investigative. So often I click and get nothing but fooled. Harpoon Ventures is proud to support an organization seeking truth and mapping business intelligence for the global economic community.

If you haven’t seen it yet, be sure to read this explosive joint investigation by The Wire China and The New York Times to see just how much can be hidden inside today’s most complex corporate relationships. https://lnkd.in/e6WagrVJ We don’t know what the consequences of this story, or the relationships revealed within, will be yet. But it’s safe to say this is not how any corporation wants to learn about potentially dangerous, high-risk connections and dependencies they’ve developed. That being said, is the traditional definition of “due diligence” enough to find these kinds of risky relationships? And in a regulatory environment where the onus is increasingly on corporations to understand their relationships beyond direct investors, partners, and sellers, what steps do multinationals need to start taking?

We’re incredibly proud of the role the WireScreen platform played in this joint investigation by The Wire China and The New York Times. It’s a gripping, real-world example of how WireScreen’s technology and expertise is necessary to truly understand the most complex – and often impactful – business relationships in China. This story came to light thanks to the tireless work of talented reporters equipped with WireScreen, the same technology increasingly used by regulators, law enforcement, and investors to better understand the complex world of #corporateintelligence in China. The New York Times could have gone anywhere to try and unravel this mystery, and we’re thrilled they chose to come to us. Read the story in The New York Times: https://lnkd.in/dV8nzWVc and in The Wire China: https://lnkd.in/e6WagrVJ

We are excited to release this special edition of The Wire China. For more than a year, our staff writers, Katrina Northrop and Eliot C., have been working with Mike Forsythe at The New York Times to look into leaked documents from Xiao Jianhua’s Tomorrow Group. What they found was Xiao’s repeated and obscured entanglements with Jack Ma’s empire. In other words: China’s most celebrated billionaire and its most notorious billionaire were secretly involved on business deals worth at least $1 billion. To round out this special edition, the rest of our magazine this week is devoted to some of the questions or thoughts you may have after reading the investigation: a timeline from Aaron Mc Nicholas of Jack Ma’s whereabouts since his infamous 2020 speech; Andrew Peaple's interview with Victor Shih on the fallout from Xi Jinping’s tech sector crackdown; a great video about how the investigation was done as well as more background information on Xiao’s empire; and an op-ed from Graham Webster on China’s tech turnaround.

TL;DR USD R&E is requiring service branches to add levels of due diligence to their contracting process for SBIR/STTR based awards. Wirescreen is crushing this requirement for multiple federal customers. Let's discuss how to get your contracting shop compliant with the new diligence requirements in the easiest way possible. 

In an unprecedented move, seven U.S. allies issue a joint advisory warning about a Chinese state-sponsored hacking group, APT40. This group, linked to China's Ministry of State Security, poses a significant threat to global networks through sophisticated cyber operations. This coordinated warning marks the first public attribution of cyberattacks to China by multiple nations, signaling increasing international concern over Beijing's cyber activities. The advisory follows heightened sanctions and public criticisms by the U.S. and its allies against escalating cyber threats from China. WireScreen's unparalleled access to Chinese data allows us to monitor APT40 and similar state-sponsored entities. Our comprehensive insights offer national security teams the information they need to stay ahead of emerging threats and safeguard critical infrastructure effectively. #Cybersecurity #China

WireScreen's latest analysis reveals Chinese connections to the war in #Ukraine, uncovering Chinese companies supplying critical components to #Russia's military. In June 2024, the Main Directorate of Intelligence of the Ministry of Defense of Ukraine released a list of components found in Russian military weapon systems and hardware used in the invasion, including electronic components in ballistic missiles, tanks, radar systems, wireless devices, UAVs, and other equipment. WireScreen identified multiple Chinese companies linked to these brands, raising concerns about the potential involvement in supplying Russia's war effort. DM if you'd like to take a look at the analysis. #UkraineWar #China #SupplyChain