Corporate Espionage AMD - Thief CAUGHT!
Posted by christoph on 10 Nov
In this day and age, either companies are getting more resourceful or if you can do it the old fashioned way and get away with it, why not?
Recently, a design engineer for Intel was caught and charged for siphening about $1 BILLION dollars worth of trade secrets from his company and diverting them to rival chipmaker, Advance Micro Devices (AMD)! Biswamohan Pani is charged with 5 a five count indictment for hacking into Intel's system and downloading confidential documents containing highly classified trade secrets. After FBI investigators found more than 100 classified documents and "13 top Secret files" containing R&D for future processor technology Pani thought he could move this information to rival AMD.
The information he apparently got a hold of is believed to be related to Intel's next-generation Itanium microprocessor, says ABC News
Pani had resigned from Intel in May, but stayed on payroll till mid-June, but he told his superiors that he was looking at other job options without telling them he actually accepted a job at AMD. The man thought he was smart because he was on both companies payroll during this time. Then he goes on to mention that he wasn't going to do anything malicious and that he was going to give the documents to his wife who ALSO works for Intel. Ya right.
Pani, if convicted would expect to receive a maximumof 10 years in prison. Bear in mind that AMD claims to have no knowledge of this act and is co-operating with special agents on this case.
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