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KR: Three former Kia Motors employees indicted for trade secrets breach

Posted on October 27, 2014 by Dissent

Another insider breach for competitive advantage. This one doesn’t seem to involve customer data. Yonhap News reports:

Three former employees of Kia Motors Corp., South Korea’s No. 2 automaker, have been indicted on charges of leaking confidential information to a Chinese competitor, Seoul prosecutors said Friday.

The suspects, including a former member of the board of directors surnamed Choi, are accused of sending computer files containing the automaker’s internal documents to Geely Automobile Holdings in June 2013, prosecutors said.

Read more on Korea Herald.

Category: Business SectorInsiderNon-U.S.Theft

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