Must have deals! Today: Galaxy S23 Ultra and the Galaxy Buds 2 Pro!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Samsung Electronics employee allegedly caught stealing trade secrets

Phone
By 

Last updated: March 25th, 2022 at 12:05 UTC+01:00

A Samsung Electronics employee has been found to be illegally retaining data, some of which was deemed to be protected trade secrets, says a report from KoreaJoongAngDailyThe employee, who was scheduled to leave the company soon, took the opportunity to make a quick buck by photographing confidential data when working from home.

While Samsung has confirmed the legitimacy of the incident, it hasn't divulged much about the nature of the data stolen. Some of it is assumed to be related to its chipmaking business, specifically about the company's 3 nm and 5 nm manufacturing processes. Exactly how Samsung detected that the data in question was being photographed by a smartphone is unknown.

Samsung Electronics was subject to quite a significant data breach some time ago, with hackers making away with a few hundred gigabytes of data. However, it was one of the rare instances in which an external actor managed to compromise Samsung's systems. More often than not, data breaches have been the result of disgruntled/greedy employees.

The corporate espionage problem got so bad that Samsung had to institute specific regulations pertaining to Chinese OEMs, who, on several occasions, wooed Samsung/LG employees with ludicrous amounts of cash/incentives in exchange for trade secrets.

Join SamMobile’s Telegram group and subscribe to our YouTube channel to get instant news updates and in-depth reviews of Samsung devices. You can also subscribe to get updates from us on Google News and follow us on Twitter. 

Phone Samsung Electronics

You might also like

Broadcom fined $14.3 million for unfair business practices against Samsung

Broadcom fined $14.3 million for unfair business practices against Samsung

The South Korean antitrust regulator has slapped a KRW 19.1 billion (around $14.3 million) fine on Broadcom, the famous US-based multinational chip company. According to a Korea Times report, after a four-year investigation, the South Korean regulator found that Broadcom has been following unfair business practices against Samsung Electronics. Broadcom used its market-dominant position and […]

  • By Asif Iqbal Shaik
  • 2 days ago
Why you may want to wear a smartwatch and a smart ring at the same time

Why you may want to wear a smartwatch and a smart ring at the same time

Many signs point to Samsung and Apple planning to enter the smart ring market and compete in this unexplored segment. Smart rings will supposedly offer health and fitness tracking capabilities similar to smartwatches, which could introduce the Samsung Health and Apple Health platforms to many more users. As we said before, the so-called Galaxy Ring […]

  • By Mihai Matei
  • 1 week ago
Save up to $1300 on a Samsung Neo QLED TV, today only

Save up to $1300 on a Samsung Neo QLED TV, today only

Samsung has a fantastic deal in store for prospective smart TV buyers through its ongoing Discover Samsung Fall Sale. For the next 24 hours as of this writing, you can save up to $1,300 on a new Neo QLED TV. The offer is available at the Samsung online store and applies to the QN90C model. […]

  • By Mihai Matei
  • 1 week ago
Apple proves hardware innovation has become less relevant than ever

Apple proves hardware innovation has become less relevant than ever

Apple's launch event yesterday felt like a reminder of what we already knew. Smartphones have peaked, and over-the-top yearly-on-year innovation is dead in the world of mobile phones. After roughly 16 years of constant yearly upgrades, the mobile market seems to have reached the point where raw hardware innovations and radical design changes are few […]

  • By Mihai Matei
  • 1 week ago
Galaxy Ring and Apple Ring will shake up the wearable market

Galaxy Ring and Apple Ring will shake up the wearable market

Samsung and Apple might soon shake up the smart wearable market in a big way. The two companies are reportedly gearing up to enter a new wearable segment through the Galaxy Ring and Apple Ring, and it's not hard to imagine how these products might impact the wearable market at large. Many tech companies have […]

  • By Mihai Matei
  • 2 weeks ago
Americana stripe strikes again: Galaxy Z Fold 5 Thom Browne is official

Americana stripe strikes again: Galaxy Z Fold 5 Thom Browne is official

It's been two years since we last had a Galaxy Z Fold Thom Browne Edition hit the market. Nevertheless, Samsung and the American fashion designer are picking up where they left off in 2021 and are now celebrating the Korean tech giant's new foldable flagship and next-gen wearable. Today, after teasing the partnership on social […]

  • By Mihai Matei
  • 2 weeks ago