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09/12/2022
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Sources tell CyberScoop the Biden administration is readying an executive order to limit U.S. investment in Chinese tech and that has investors nervous. Iranian hackers appear to have hit Albania once again. And CISA is prepared to work on election security with anyone who gets elected. This is CyberScoop for Sept. 12.

Uneasiness over plan to limit Chinese investment

The Biden administration is preparing to issue an executive order that will monitor and possibly restrict American investment in Chinese technology, part of a broader effort to beat back Chinese advances which threaten American hegemony. Experts tracking the administration's effort say the initiative grew from the recent semiconductor chips legislation. Biden officials are now studying how and whether to regulate American investment in Chinese technology companies whose portfolios include semiconductor chips, AI and quantum computing, among others. Venture capitalists and China experts worry that the administration's actions will create "regulatory drag" and stifle investment. Suzanne Smalley has the story.


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Albania says Iranian hackers strike again

Hackers linked to Iran have targeted Albanian systems again, Albanian Prime Minister Edi Rama said over the weekend. The attack comes after a week in which the country cut diplomatic ties with Iran over a series of cyberattacks in July, which brought condemnation from the U.S. and U.K. last week as well. On Friday the U.S. government sanctioned the Iranian Ministry of Intelligence and its top official over the attacks. Iran has denied any role and blames the U.S. government for Albania cutting ties. AJ Vicens reports.


CISA will work with 'whoever is elected'

As concerns about insider threats to elections continue, the Cybersecurity and Infrastructure Security Agency’s top election-security adviser said Thursday that the agency is prepared to deal with state and local election officials who’ve associated themselves with conspiracy theories about voting equipment and previous election results. “We’re going to work with whoever is elected,” Kim Wyman told StateScoop during an interview at the Billington Cyber Summit in Washington, D.C. “If someone gets through an election, their voters believed they’re the best candidate.” Benjamin Freed has the story in StateScoop.


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