World security leaders gather in Palo Alto to talk international technology threats

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World security leaders gather in Palo Alto to talk international technology threats
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Security leaders from Five Eyes, a group formed after World War II in an effort to share intelligence, focused on technology threats at a summit in Palo Alto. They say this is the first time the group is standing together in public.

World security leaders from the Five Eyes group gathered in Palo Alto Tuesday to talk about international technology threats from China.On Tuesday the FBI hosted an unprecedented tech summit in the heart of Silicon Valley.

"The Chinese communist party is the number one threat to innovation -- period. China has made economic espionage, stealing others work and ideas, a central component to its national strategy. And that espionage is at the expense of innovators in all five of our countries, and it's certainly true right here in Silicon Valley," Wray said.Intelligence leaders of the Five Eyes represent the U.S., the U.K, Australia, Canada and New Zealand.

"The Chinese Government is involved in the most sustained, scaled and sophisticated theft of intellectual property and expertise in human history," Burgess said.The ASIO director said stealing intellectual property is the first step. Cybersecurity expert and SJSU Professor Ahmed Banafa there is no place in the United States with so much concentration of AI companies as much as the Bay Area.

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