http://www.darkreading.com/insiderthreat/security/attacks/showArticle.jhtml?articleID=220601211 By Kelly Jackson Higgins DarkReading Oct 16, 2009 Yet another major corporation may have been the victim of one of its own stealing trade secrets: A former Ford Motor engineer has been indicted for allegedly stealing thousands of sensitive documents from the company and copying them onto a USB drive before taking a job with another auto company. Xiang Dong Yu, who also goes by Mike Yu, was arrested Wednesday at Chicago's O'Hare Airport after returning from a trip to China, according to published reports. Yu, 47, is charged in an indictment with theft, attempted theft of trade secrets, and unauthorized access to a computer and faces up to 10 years in prison. He currently works for an unnamed competitor to Ford in China. Yu allegedly copied 4,000 documents that contained Ford design information, including engineand transmission mounting subsystems, electrical distribution systems, doors, mirrors, steering-wheel assemblies, power systems, and wipers. The indictment says he allegedly stole most of the information in December 2006, just before he resigned from his engineering job at Ford to take a position at a company in China. In spring 2008, he allegedly used some of the stolen Ford information while job-hunting in China. "Employees and employers should be aware that stealing proprietary trade secrets to gain an economic advantage is a serious federal offense that will be prosecuted aggressively," U.S. Attorney Terrence Berg said in a statement. [...] ________________________________________ Did a friend send you this? From now on, be the first to find out! Subscribe to InfoSec News http://www.infosecnews.orgReceived on Sun Oct 18 2009 - 23:47:06 PDT
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