IndustryWeek article quotes Marlin Steel president on the hidden threat of IP theft

April 10, 2013 | American Manufacturing, News, Publications & Events

Recent article in IndustryWeek quotes Marlin Steel President Drew Greenblatt about the threat posed by intellectual property theft to U.S. manufacturing:

Many times, Greenblatt notes, companies aren't even aware that their secrets are being stolen. After giving a speech on the topic recently to a National Association of Manufacturers meeting, two CEOs of large companies came up to him and told him that the FBI had informed them that they had been the subjects of cyberattacks. In one case, the company's network had been infiltrated with software that was sending to China all their new designs every three months.