Sacramento-Based Propel Fuels Sues Phillips 66 over Alleged Trade-Secrets Heist According to the complaint, Phillips 66 had never sold a drop of low-carbon fuel to consumers in California at the time of the acquisition offer, meaning it was faced with… Read More
Insider Threat Blog
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ITMG Insider Threat News – May 31, 2022
How to Counter Insider Threats in the Software Supply Chain The risks associated with insider threats grow as the software supply chain extends to partners, third-party contractors and freelancers. Once data and users move past an organization’s development and support… Read More
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Apple Sues Start-Up for Trade Secret Theft
By: Aaron Kim, Insider Threat Analyst Apple has filed a lawsuit against start-up company, Rivos who has been alleged of starting a “coordinated campaign” to poach Apple engineers to steal trade secrets that were used to develop its own chip… Read More
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ITMG Insider Threat News – May 19, 2022
Why Data Protection is the First Step to Mitigating Insider Risk Much is written about the corporate threat from shadowy remote hackers. A cybercrime economy worth trillions has certainly made this disparate bunch of financially motivated threat actors a major… Read More
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ITMG Insider Threat Cases – May 19, 2022
Former Coca-Cola Chemist gets 14 years for Stealing $120 Million in Trade Secrets Xiaorong Shannon Yu, 59, was sentenced by a federal judge in Greeneville, Tennessee, on charges of conspiracy to commit theft of trade secrets, conspiracy to commit economic… Read More
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ITMG Insider Threat Cases – May 12, 2022
Tesla Sues Former Employee for Allegedly Stealing Trade Secrets and then Attempting a Cover-up Tesla has sued a former employee who it is accusing of stealing trade secrets related to its supercomputer project, Bloomberg reported on Friday. According to a… Read More
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ITMG Insider Threat News – May 12, 2022
Chinese Hackers Cast Wide Net for Trade Secrets in US, Europe and Asia, Researchers Say Chinese government-linked hackers have tried to steal sensitive data from some three dozen manufacturing and technology firms in the US, Europe and Asia, security researchers… Read More
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Archegos Founder Bill Hwang Charged in Stock Market Fraud
Bill Hwang, the founder of Archegos Capital Management and Patrick Halligan, the CFO, were charged for alleged “manipulative trading” and “deceptive conduct” that led to a multibillion-dollar fraud. The criminal charges include racketeering conspiracy, securities fraud and wire fraud. “We… Read More
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ITMG Insider Threat News – May 5, 2022
The Super Malicious Insider and the Rise of Insider Threats The risks from insiders can be classified in three ways. Basic insider risk, of course, covers 100% of users, any of whom could fall for a phishing attack, accidentally expose… Read More
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ITMG Insider Threat Cases – May 5, 2022
U.S. Court Names Hytera Employees Charged in Alleged Motorola Trade-Secret Theft Several Hytera Inc. employees, including a senior vice president, plotted to steal proprietary technology from their former employer, Motorola Solutions Inc., the Federal Bureau of Investigations alleged in newly… Read More