- Ex-employee Jinfeng Luo accused of stealing round 18,000 secret Intel recordsdata
- Luo labored with Intel for round a decade earlier than being let go
- Makes an attempt to find Luo have been unsuccessful up to now
Former Intel software program engineer Jinfeng Luo has been accused of stealing round 18,000 Intel recordsdata, together with knowledge labelled “Prime Secret,” upon leaving the corporate, per The Mercury Information.
Luo joined the corporate in 2014 and acquired discover of termination in July 2024, however the firm has since gone after the previous employee with a lawsuit to recuperate its recordsdata.
The report claims Luo had tried to repeat recordsdata per week earlier than leaving, however this was profitable blocked by the corporate’s safety measures.
Intel’s prime secrets and techniques have been stolen
Regardless of preliminary failure, Luo managed to switch recordsdata to a network-attached storage gadget three days earlier than departure.
Intel was stated to have detected these transfers quickly after, earlier than spending a variety of months calling, emailing and sending letters to the previous worker, however to no avail.
The corporate is now searching for $250,000 in damages in addition to for all of the stolen recordsdata to be returned – a course of it’s already conversant in after one other former worker was discovered responsible of copying data illegally earlier than transferring to Microsoft.
As of the time of writing, Luo remains to be MIA and has not responded to any allegations.
TechRadar Professional requested Intel to touch upon the investigation and lawsuit, however we didn’t obtain a right away response.
Extra broadly, Intel income is lastly beginning to climb as share costs proceed to go in the precise route. The corporate noticed a 3% year-over-year rise in income final quarter after previous quarters of flat, flat and decline.
Traders are additionally beginning to see some returns – shares are up 78% in three months, although immediately’s $38.85 valuation remains to be far under the near-$70 highs of 2021.
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