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May 2, 2007

Life in the fast lane

Two former Ferrari engineers have been convicted by an Italian court for stealing and passing confidential proprietary engineering data to their new employer, Toyota.

“This prosecution highlights the seriousness of the ‘insider threat’. Disgruntled employees still find it all too easy to take company secrets off the network and onto portable storage devices such as CDs and USB sticks,” said Matt Fisher, VP of Centennial Software. “You don’t have to work in Formula One for your secrets to be valuable to the competition. With corporate IP the fuel that keeps business running, all companies are vulnerable to damage from data leaks,” he added.


As we said in our latest newsletter on insider threats, there is no shortage of case study materials on this topic.

More insider threat links here