Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Risk

4/24/2019
12:15 PM
50%
50%

Two Charged with Economic Espionage, GE Trade Secret Theft

A US national and Chinese national have been charged with conspiring to steal General Electric's trade secrets surrounding turbine technologies.

A former General Electric (GE) engineer and Chinese businessman have been charged with economic espionage and conspiracy to steal GE's trade secrets related to turbine technologies, with the intention of using the information to benefit the People's Republic of China.

A 14-count indictment, unsealed today by the US Department of Justice(DoJ), alleges Xiaoqing Zheng, of New York, exploited his access to GE files during his time there as an engineer specializing in sealing technology. Officials allege Zheng stole multiple electronic files, including proprietary files containing design models, engineering drawings, configuration files, and material specifications related to various components and testing systems for GE's gas and steam tribunes.

Zheng allegedly emailed and transferred this stolen data to his partner, Zhaoxi Zhang of China. Together they used the trade secrets to pursue their own interests in two Chinese corporations, Liaoning Tianyi Aviation Technology Co. (LTAT) and Nanjing Tianyi Avi Tech Co. (NTAT). Both organizations research, develop, and manufacture components for turbines, the DoJ reports.

Further, the DoJ says Zheng and Zhang conspired to commit economic espionage as the trade secret theft was done "knowing and intending" the data would benefit the People's Republic of China in addition to other foreign entities. The defendants received financial support from the Chinese government via LTAT and NTAT; they also worked with government officials to participate in research agreements with state-owned institutions to build turbine technology.

Read more details here.

 

 

 

Join Dark Reading LIVE for two cybersecurity summits at Interop 2019. Learn from the industry's most knowledgeable IT security experts. Check out the Interop agenda here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Oldest First  |  Newest First  |  Threaded View
REISEN1955
100%
0%
REISEN1955,
User Rank: Ninja
4/24/2019 | 12:49:34 PM
Zheng and Zhang
Has to be an Abbott and Costello routine somewhere in this.  
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
4/26/2019 | 3:34:43 PM
Chinese companies
A former General Electric (GE) engineer and Chinese businessman have been charged with economic espionage and conspiracy to steal GE's trade secrets related to turbine technologies, with the intention of using the information to benefit the People's Republic of China. This is interesting. Lost of news from Chinese companies.
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
4/26/2019 | 3:35:10 PM
Re: Zheng and Zhang
Interesting point. I hear you tough. :))
Dr.T
50%
50%
Dr.T,
User Rank: Ninja
4/26/2019 | 3:36:24 PM
Bad news
The defendants received financial support from the Chinese government via LTAT and NTAT; they also worked with government officials to participate in research agreements with state-owned institutions to build turbine technology. This may be bad news for them for sure.
Commentary
How SolarWinds Busted Up Our Assumptions About Code Signing
Dr. Jethro Beekman, Technical Director,  3/3/2021
News
'ObliqueRAT' Now Hides Behind Images on Compromised Websites
Jai Vijayan, Contributing Writer,  3/2/2021
News
Attackers Turn Struggling Software Projects Into Trojan Horses
Robert Lemos, Contributing Writer,  2/26/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: George has not accepted that the technology age has come to an end.
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2021-26814
PUBLISHED: 2021-03-06
Wazuh API in Wazuh from 4.0.0 to 4.0.3 allows authenticated users to execute arbitrary code with administrative privileges via /manager/files URI. An authenticated user to the service may exploit incomplete input validation on the /manager/files API to inject arbitrary code within the API service sc...
CVE-2021-27581
PUBLISHED: 2021-03-05
The Blog module in Kentico CMS 5.5 R2 build 5.5.3996 allows SQL injection via the tagname parameter.
CVE-2021-28042
PUBLISHED: 2021-03-05
Deutsche Post Mailoptimizer 4.3 before 2020-11-09 allows Directory Traversal via a crafted ZIP archive to the Upload feature or the MO Connect component. This can lead to remote code execution.
CVE-2021-28041
PUBLISHED: 2021-03-05
ssh-agent in OpenSSH before 8.5 has a double free that may be relevant in a few less-common scenarios, such as unconstrained agent-socket access on a legacy operating system, or the forwarding of an agent to an attacker-controlled host.
CVE-2021-3377
PUBLISHED: 2021-03-05
The npm package ansi_up converts ANSI escape codes into HTML. In ansi_up v4, ANSI escape codes can be used to create HTML hyperlinks. Due to insufficient URL sanitization, this feature is affected by a cross-site scripting (XSS) vulnerability. This issue is fixed in v5.0.0.