16 June 2016

News Story: US charges Chinese worker for IBM with 'economic espionage'

By Hiroshi HIYAMA

US authorities charged a former Chinese employee of tech giant IBM with economic espionage Tuesday for allegedly stealing proprietary source code to hand over to a Chinese government agency.

The Department of Justice said Xu Jiaqiang had been a developer for an unnamed US company when he took the source code, intending to provide it to the Chinese National Health and Planning Commission, where he previously worked.

At the same time, he offered the code, the essential kernel of software programs often held tightly by their owners, to US FBI agents posing as tech company officials seeking software for their company.

After an investigation of more than one year, Xu was arrested last December and was charged with theft of trade secrets.

Read the full story at SpaceDaily