Tuesday, October 20, 2009

Business Espionage - Lee & Ge Plea

CA - The word espionage conjures up images of James Bond or Alger Hiss, not usually techies in Silicon Valley. But as the San Jose Mercury News reports, two engineers are about to face economic espionage charges in San Jose for allegedly stealing superfast computer chip plans. It’s only the second such trial of its kind in the nation. “For Silicon Valley, where companies have worried for years about their prized secrets being leaked to China and other countries, such a trial is a window into the complexities of protecting product information in a place with ties to every corner of the global economy,” reports the Mercury News. (more)

Moral: Don't count on the law to protect you. Have a good counterespionage strategy in place.