(cont'd from yesterday's post)
While testing some turbines in China, American Super Conductor found that they were running on new code which AMSC had not released yet. They investigated Dejan because he was one of the few who had confidential access, and then found the emails which told the whole story.
Sinovel, their biggest client, cancelled all its millions of dollars' worth of orders (of course it did). Dejan confessed and spent a year in Austrian prison. AMSC suffered market value loss of over a billion dollars and had to let 600 employees go out of their previous total of 900. It was devastating.
Afterward, cyber attacks kept coming. AMSC hired a computer security firm, which discovered that the attacks were now coming from a Chinese military unit tasked with spying on North American companies. Thousands of American companies have lost "engineering documents, manufacturing processes, chip designs, telecommunications, pharmaceutical, you name it it's been stolen."
No comments:
Post a Comment