Wednesday, May 31, 2023

Taiwan Raids 8 Companies for Alleged Tech Espionage

The Ministry of Justice Investigation Bureau (MJIB) raided eight technology companies
with ties to China between May 22-25 for allegedly seeking to steal technology from Taiwanese companies and poach IT staff.

To counter attempts by China to engage in industrial espionage, the MJIB sent 112 investigators to raid eight companies allegedly posing as firms backed by Taiwanese or foreign investors, reported CNA. After investigators searched 25 locations in Taipei City, New Taipei City, Hsinchu City, Hsinchu County, Chiayi County, and Taichung City, a total of 49 individuals were taken in for questioning...

The bureau vowed to continue cracking down on the illegal poaching of talent and theft of trade secrets to maintain the country's competitive advantage. more