While the semiconductor industry continues to become more lucrative, with revenue projected to increase to $630 billion in 2024, it’s also a prime target for espionage and theft. Several trends are influencing the espionage landscape, including an increased focus on cyber and economic espionage and state-sponsored activities. Cyberattacks, hacking, and other sophisticated techniques have also evolved and become more prevalent.
For instance, the U.S. government continues to uphold a ban on importing and exporting artificial-intelligence (AI) chips to China due to “loopholes” in existing regulations that have contributed to suspicions of hacking.