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Cyber Security

US Charges Huawei With Conspiracy to Steal Trade Secrets, Racketeering

The U.S. Department of Justice charged Huawei with conspiracy to steal trade secrets and to violate the Racketeer Influenced and Corrupt Organizations Act (RICO). The defendants included in today’s 16-count superseding indictment are Huawei Device Co. Ltd. and four official and unofficial subsidiaries. Huawei s Chief Financial Officer Wanzhou Meng is also introduced as a defendant. The new charges relate to the company’s alleged decades-long efforts to steal intellectual property from six US tech companies.

Source: https://www.bleepingcomputer.com/news/security/us-charges-huawei-with-conspiracy-to-steal-trade-secrets-racketeering/

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