Thursday, November 6th 2008

Ex-Intel Employee Charged with $1 Billion for Stealing Secret Information from Intel

Stealing money has always been the easy way to earn some quick pocket change, but what about $1 Billion stolen not from anybody but from Intel itself. At the age of 33, Biswamohan Pani, now a former Intel employee, was charged today for stealing trade secrets from Intel that worth more than $1 billion. Pani was allegedly stealing trade secrets from Intel Corp.'s facility in Hudson, Mass., and downloading confidential documents from the company's offices in California. According to the indictment, Pani gave notice to leave Intel and told his superiors he was using up about a week of vacation while looking for a job at a hedge fund. In reality, he had taken a job at Intel rival Advanced Micro Devices, and while using up vacation time at Intel, was downloading valuable trade secrets. When Pani's house was searched by the FBI, they've found eight documents described by Intel as "confidential," "secret" or "top secret." Now Biswamohan Pani is facing a major sentence in prison, so he can reconsider his theft estimated for $1 billion in research and development costs. On the other side, AMD said it was not aware for any of Pani's stolen information.
Source: Business Journal
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38 Comments on Ex-Intel Employee Charged with $1 Billion for Stealing Secret Information from Intel

#26
OnBoard
...they've found eight documents described by Intel as "confidential," "secret" or "top secret."

Why in earth would you mark top secret stuff like that IRL :shadedshu I get why they do it in movies, but I'd mark them something like Pentium III mobile.
Posted on Reply
#27
FordGT90Concept
"I go fast!1!11!1!"
wolf2009well if AMD had implemented intel techm wouldn't hey have better processors than phenom, and be at 45nm earlier ?
It would appear in Denab and process technology is more or less about materials and machining--not something information alone would help with. Moreover, AMD has always been slow to change processes just because they don't have the capital to do it on their own. They need to piggyback on IBM for that.
OnBoard...they've found eight documents described by Intel as "confidential," "secret" or "top secret."

Why in earth would you mark top secret stuff like that IRL :shadedshu I get why they do it in movies, but I'd mark them something like Pentium III mobile.
Because it's legally binding. You open something marked with confidential, you get x penalty. Secret and Top Secret are exponentially more severe. If you were to be misleading about it, opening it could be cast off as accidental and not criminal nature. Opening something that is confidential without authorization to do so is purely criminal.
Posted on Reply
#28
DarkMatter
He was not downloading from an AMD IP or any other external place. According to the first news that appeared, he did it from his "own" work laptop, which had access to a lot of things. It's a common practice to give acces to some employee's PCs so they can (finalize) work at home or work anywhere. Sometimes the laptop is their only machine. Probably he had access to all those things and he used to work out of hours. So Intel didn't suspect anything until they realised he was downloading too many things to be related to his job.

He said he would go on vacations so that he:

a) was not at Intel offices when stealing.

b) he still had access until the time he would finally leave Intel, giving him plenty of time.
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#29
Darkrealms
DarkMatterHe was not downloading from an AMD IP or any other external place. According to the first news that appeared, he did it from his "own" work laptop, which had access to a lot of things. It's a common practice to give acces to some employee's PCs so they can (finalize) work at home or work anywhere. Sometimes the laptop is their only machine. Probably he had access to all those things and he used to work out of hours. So Intel didn't suspect anything until they realised he was downloading too many things to be related to his job.

He said he would go on vacations so that he:

a) was not at Intel offices when stealing.

b) he still had access until the time he would finally leave Intel, giving him plenty of time.
From the post in September. Read when he was supposed to start at AMD:
btarunrWithout the knowledge of Intel's officials, Pani was discussing a job at AMD and started working for the company on June 2, eight days before his employment with Intel was supposed to end, during which he had the company laptop and access to the company's internal network. He was ordered to give up his passport, but was not taken into custody.
Using his laptop even with a secure connection would have been through an AMD external IP if he was working at AMD at the time which is what these articles imply which is why I said it like that. So his entire vacation he was employed by AMD.
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#30
newconroer
iStinkWhat are you in for? Double homicide.

What are you in for? Robbed a convenience store, things went bad...

What are you in for? Huge coke deal.

And what are you in for? I took information from Intel.
Ok, you're getting F'd in the A this saturday...
Eh, I used to tell jokes in that format..usually revolving around some geek in jail for hacking or stealing a few thousands bucks out of credit cards.

But when you mention 1 billion, I could see the thugs being like 'yo youz a slick nigga yo'

Hehe.
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#31
WarEagleAU
Bird of Prey
@Istink :roll: that was hillarious.

I guess he got shorted in the brains department
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#32
qwerty_lesh
LOL istink, its more like

Pani: What are you in for?
Crim1: Nun massacre
Crim2: Burning down hospitals, you?
Pani: Stealing from Intel

*Crim2 turns and looks at Pani*

Crim2: Youre a monster, the worst kind of person imaginable.

*Crim1 shakes his head*

:laugh:
Posted on Reply
#33
spearman914
He should have gave that money to me... :toast:
Posted on Reply
#34
kuroikenshi
Well.. At least he was going big. If you get caught, at least make it worth the try! :nutkick:
Posted on Reply
#35
DarkMatter
DarkrealmsUsing his laptop even with a secure connection would have been through an AMD external IP if he was working at AMD at the time which is what these articles imply which is why I said it like that. So his entire vacation he was employed by AMD.
Not necesarily at AMD, he probably did that at home. It's not as if they work 24h at AMD you know.
Posted on Reply
#37
KainXS
at least intel can sleep happy knowing that he will get his punishment by some big gay guy in jail :)
Posted on Reply
#38
Hayder_Master
no one pay here , only the man is responsible on information
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