It pays to be a forever student

Welcome to this week's edition of the Threat Source newsletter. If I haven't said it in a newsletter before, I'll say it now: If you want to be good at cybersecurity, be a forever student. Cultivating and feeding your desire to know how things work is one of the key ingredients to being a hacker...

Xiang Dong ("Mike") Yu (Ford Motor)

Yu was a Product Engineer and ten-year veteran of U.S. automaker Ford Motor Company who admitted to copying around 4,000 confidential Ford documents to an external hard drive and passing them to Beijing Automotive Company with whom he hadtaken a job. The design documents have been valued at aroun...

Chinese National Stole Ford Secrets Worth More Than $50 Million

A ten year veteran of the U.S. automaker Ford Motor Company pleaded guilty in federal court on November 17 to charges that he stole company secrets, including design documents, worth more than $50 million and sharing them with his new employer: the Chinese division of a U.S. rival of Ford’s. Xian...

Ex Ford Engineer Arrested for Alleged Theft of Trade Secrets

A former Ford Motor Company engineer has been indicted on charges of theft of trade secrets, attempted theft of trade secrets and unauthorized access to protected computers. Xiang Dong Yu, also known as Mike Yu, was arrested last week as he entered the country at Chicago O’Hare International...