Wyly Wade

Tag: American Superconductor

Cybersecurity? It will never happen to me — Real corporate espionage

A Chinese energy firm offered big money and access to women to entice an engineer at a U.S. company to launch a cyber raid on his employer, stealing sensitive computer codes and “thereby cheating (the firm) … out of more than $800 million…” An Austrian court has convicted American Superconductor’s rogue employee, Dejan Karabasevic, and already sentenced…

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