Tuesday, September 10, 2013

Employee Steals $800M in Trade Secrets

A former employee was charged with stealing $800 million in trade secrets from American Superconductor Corp (AMSC); the charges were brought by the US Department of Justice (DoJ).

FBI Executive Assistant Director Richard McFeeley said this case is a classic example of the growing insider threat facing our nation's corporations and their intellectual property.

"The Sinovel case is a classic example of the growing insider threat facing our nation's corporations and their intellectual property."
- FBI Executive Assistant Director Richard McFeely
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Sources:
(a) US Charges Chinese Wind Company with Stealing Trade Secrets - Reuters, 06/27/2013

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