Former Intel Employee Accused of Stealing Corporate Data Points Up Insider Threat
A former Intel employee stands accused of stealing data from Intel after secretly beginning to work for rival chip maker AMD. The incident, described in a criminal complaint filed in federal court in Boston, underscores the importance of controlling and monitoring access to corporate data.The alleged theft of trade secrets from Intel by a former employee offers yet another reminder of the importance of monitoring and controlling access to corporate data. According to reports, ex-Intel engineer Biswamohan Pani has been accused by the FBI of stealing trade secrets from Intel while he secretly worked for the company's chief rival, Advanced Micro Devices. The allegations were made in a criminal complaint filed in U.S. District Court in Boston in late August.
In an affidavit by FBI Special Agent Timothy Russell of the bureau's Boston computer crime squad, it is stated that Pani told officials at Intel in May he was resigning to work for a hedge fund and would utilize accrued vacation time until his final official day June 11. However, allegedly, Pani began working for AMD June 2 and soon after accessed and downloaded 13 secret documents from an encrypted system at Intel.