Search results
Results from the WOW.Com Content Network
In May 2014, a U.S. federal grand jury indicted five Chinese military officers for cyber espionage and stealing trade secrets. [2] It was alleged that the officers hacked into the computers of six U.S. companies to steal information that would provide an economic advantage to Chinese competitors, including Chinese state-owned enterprises.
On June 26, 2020, Hao Zhang, 41, of China, was found guilty of economic espionage, theft of trade secrets, and conspiring to commit both offenses. Zhang conspired to and did steal trade secrets from two U.S. electronics companies: Avago and Skyworks. Zhang intended to steal the trade secrets for the benefit of the People's Republic of China. [79]
The Economic Espionage Act of 1996 (Pub. L. 104–294 (text), 110 Stat. 3488, enacted October 11, 1996) was a 6 title Act of Congress dealing with a wide range of issues, including not only industrial espionage (e.g., the theft or misappropriation of a trade secret and the National Information Infrastructure Protection Act), but the insanity defense, matters regarding the Boys & Girls Clubs of ...
The Defend Trade Secrets Act of 2016 (DTSA) (Pub. L. 114–153 (text), 130 Stat. 376, enacted May 11, 2016, codified at 18 U.S.C. § 1836, et seq.) is a United States federal law that allows an owner of a trade secret to sue in federal court when its trade secrets have been misappropriated. [1]
Another significant development is the Economic Espionage Act (EEA) of 1996 (18 U.S.C. §§ 1831–1839), which makes the theft or misappropriation of a trade secret a federal crime. This law contains two provisions criminalizing two sorts of activity: , criminalizes the theft of trade secrets to benefit foreign powers.
Seven of those ended in dismissals and acquittals, and were removed. Of the 12 cases involving theft of trade secrets or economic espionage, only 10 were listed, and seven were charged with only theft of trade secrets but not espionage. Only one case charged both theft and espionage. MIT analysis showed that 17 cases and 39 defendants were ...
It may describe activities such as theft of trade secrets, bribery, blackmail and technological surveillance. As well as orchestrating espionage on commercial organizations, governments can also be targets – for example, to determine the terms of a tender for a government contract.
The counts included theft of trade secrets (count 1), [16] transportation of stolen goods (count 2), [17] and illicit obtainment of data from a protected computer (count 3). [ 18 ] On July 16, 2010, Aleynikov moved to dismiss the indictment for failure to state an offense under any of the three statutes invoked: the Economic Espionage Act of ...