Saturday, January 15, 2011

Week 5 CIS608 - Insider Technology Breach

This week the article "Renault Executives Suspended In Intellectual Property Leak" caught my attention.  As I learned earlier through some of the class readings, insider data theft is on the rise.  This article continues that theme in that three executives from the car maker have been suspended for industrial espionage. 

The three executives have been suspended for the possible theft of the company's technology for electronic vehicles.  Renault has a partnership with Nissan.  Nissan has invested $5.3 billion dollars in the venture

Renault has suspended the three executives after long investigation that has proven the executives have infringed upon Renault's ethics and endangered company's assets.

I did find it interesting that the identity of the three executives were not disclosed due to labor laws, however Renault is pursuing legal options.  I do think that here in the U.S., the identities would have been disclosed and legal actions would have been taken.  It is interesting to see how different cultures respond to data theft.

http://www.darkreading.com/insider-threat/167801100/security/security-management/229000271/renault-executives-suspended-in-intellectual-property-leak.html

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