theft

An Apple hardware engineer working in the top secret "Project Titan" autonomous vehicle division has been arrested for stealing trade secrets. A fellow Apple employee witnessed Jizhong Chen taking unauthorized pictures of the vehicle. He also neglected to tell Apple that he had been hired by an...

A 10-count indictment was unsealed today that charged Huawei Device Co., Ltd and Huawei Device Co. USA with theft of trade secrets conspiracy, attempted theft of trade secrets, seven counts of wire fraud, and one count of obstruction of justice. The indictment details Huawei's efforts to steal...

Bethesda Softworks and Behaviour Interactive jointly announced today that the parties have amicably resolved the lawsuit Bethesda brought against Behaviour and others related to the Fallout Shelter and Westworld mobile games. Originally Bethesda accused Behaviour Interactive of stealing its...

Mark Rober used to build autonomous spacecraft bound for other planets. Now, he's a YouTuber. So one day, when he finally got fed up with thieves stealing packages from his doorstep, he did more than just catch them. He built an elaborate device to screw with the thieves, and documented the...

Beat Games Studio co-founder and CEO Jaroslav Beck posted an excerpt from a NFL game where the music used in the clip is allegedly from his studio's game; Beat Saber. He politely asked NBC and NBC Sports in separate tweets to ask permission before using his game's music as this is clearly...

Samsung had trade secrets related to its foldable screen technology allegedly stolen by Samsung supplier Toptec who sold it to Chinese rivals for $14 million. Toptec has an affiliate paper company in China that it used to transfer the blueprints of Samsung's "flexible OLED edge panel 3D...

The U.S. Justice Department has charged three Taiwanese nationals and United MIcroelectronics Corp (UMC) in addition to Chinese state-owned Fujian Jinhua Integrated Circuit Co. with stealing intellectual property from the U.S. largest memory maker, Micron Technology Inc. Attorney General Jeff...

Hot on the heels of the revelation that security researchers can steal a Tesla in less than 30 seconds with $600 in parts, a 21 year old has stolen a Tesla Model 3 using just a smartphone and his wits. The car in this case was a rental car that had been previously rented by the suspect. One of...

Security researchers Placebo and Kevin Beaumont have discovered a Magecart malware infection in the Feedify JavaScript library used by thousands of eCommerce websites. Feedify is customer engagement tool that boasts of reaching 1 billion devices worldwide and the Magecart malware steals credit...

The Adware Doctor app occupied the front page of the Apple App Store as the #4 highest rated app, but it had a dark secret. Instead of removing viruses and malware from iOS devices, it was collecting all browser history, app store purchases, and more to bundle into an encrypted file to be sent...

ASMC of Massachusetts won their court case against a Chinese wind turbine manufacturer in January and was awarded nearly $60 million in restitution payments. Sinovel Wind Group was convicted of conspiracy, theft of trade secrets and wire fraud by a federal jury for conspiring with former AMSC...

According to Reuters, cybersecurity firm CipherTrace has released a report that shows cryptocurrency exchange theft in the first six months of this year surged three times higher than all of 2017. They say this led to a three-fold increase in associated money laundering as a result. Also...

In a report yesterday, blockchain start up "The Prodeum Project," whose goal was to "revolutionize the fruit and vegetable industry" with Ethereumhas apparently absconded with millions of investor dollars. Upon exiting with the investors money, the website went offline, ad was replaced with one...

Researchers have used Machine Learning to spot people using false information to answer questions. The hackers behind 2015 breach of the IRS, for example, used personal information they'd previously stolen to answer security questions on the IRS website, and in turn get access to their tax...

A decade-long investigation, 2014 arrest, and lengthy trial have come to a close today as Russian hacker Roman Valerevich Seleznev was sentenced to serve 27 years in U.S. Federal prison. 3,700 financial institutions and 500 business were victimized by the credit card and identity theft ring...