Saturday, May 21, 2022

Samsung employee arrested for stealing trade secrets & confidential information

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A Samsung employee has been arrested, the staff member was allegedly stealing trade secrets and some confidential information with respect to information about the company, which is conducting an investigation into the matter right now.

Samsung confirmed this news earlier this week, but the employee may have taken images of confidential information regarding the brand’s chip-making processes. While Samsung stated that an official investigation is underway, it did not reveal anything else. A company spokesperson stated that “The person is under investigation for violating information protection rules. But it is not yet known the type of information compromised and whether the person handed it to a third party.”

For now, this employee was looking to quit their position at the company and has now been accused of taking pictures of a computer screen with sensitive information related to the brand’s chip fabrication process while working from home.

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He was taking a picture since the database system blocks screen capture thus prompting him to use his smartphone to record the confidential information. As per a media report, the employee had managed to click hundreds of trade secrets which indicates that the employee was likely taking these pictures to sell them to a competitor.

The chip fabrication information could have even been related to advanced semiconductor manufacturing processes, which could be related to either its breaking edge 5nm or 3nm chips. This is all we know as of now, but do stay around for more updates on this story.

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