The rapid globalization of industry is spurring intellectual property theft, a trend that portends particular risk to the automotive sector, experts say. Industrial espionage is a “growing” problem, says Jeffrey Hardy, director-Business Action to Stop Counterfeiting and Piracy, an initiative of the Paris-based International Chamber of Commerce. Hardy’s remarks follow last week’s arrest of Yu Xiang Dong. The 47-year-old former Ford Motor Co. engineer is charged with theft of trade secrets ...
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