Inside job

“Tesla Accuses Former Employee of ‘Sabotage,'” The Wall Street Journal, June 21, 2018 B3. Did  a former employee hack Tesla’s manufacturing software and trade secrets and transfer information outside the company?  Was this for convenience, or was it theft?  Or to give to the press?

Do you have adequate controls to prevent this?  Or to discover it?  Who’s responsible if your controls fail?

Will the directors or senior officers be punished?  Did they fail in their obligations to protect the corporation’s assets?  Or is it just the shareholders who pay?  And pay, and pay.

 

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Filed under Access, Board, Compliance, Controls, Corporation, Directors, Duty, Duty of Care, Employees, Governance, Information, Internal controls, Management, Oversight, Oversight, Protect, Protect assets, Protect information assets, Third parties, Value

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