Best quote: "People working for Didi apply for intern jobs at Uber China and then exfiltrate our data. We can’t let them see the formulas or they’ll just copy what we do!”
This is so true. People in the US just don't understand the level of economic and industrial espionage that happens in China on a daily basis. I was responding to an unrelated breach at an unnamed tech company back in mid-2000s time frame and had a side bar conversation that went like the following:
Them: "Yeah, we just opened a tech center in Xinjiang and ... wow, we've had quite the rash of lost ID badges there recently"
Me: "Have you considered that they're not 'lost', but rather 'sold' for profit?"
... silence ...
I don't know if executives are aware but just don't care, or if they're simply incompetent, but China has productized industrial espionage on a massive scale. GE Aviation was a victim more recently: https://www.cincinnati.com/story/news/2022/11/16/accused-chi...
This is so true. People in the US just don't understand the level of economic and industrial espionage that happens in China on a daily basis. I was responding to an unrelated breach at an unnamed tech company back in mid-2000s time frame and had a side bar conversation that went like the following:
Them: "Yeah, we just opened a tech center in Xinjiang and ... wow, we've had quite the rash of lost ID badges there recently"
Me: "Have you considered that they're not 'lost', but rather 'sold' for profit?"
... silence ...
I don't know if executives are aware but just don't care, or if they're simply incompetent, but China has productized industrial espionage on a massive scale. GE Aviation was a victim more recently: https://www.cincinnati.com/story/news/2022/11/16/accused-chi...