Ex-Employees Allegedly Steal Micron Trade Secrets Valued At Over $400 Million

Like many other businesses, semiconductor manufacturer Micron Technology employs a range of physical, electronic, and policy measures to protect its trade secrets. Yet all it took for the company to allegedly lose intellectual property worth at least $400 million to a Chinese competitor was two employees with legitimate access to the data.

A federal indictment unsealed this week in the US District Court for the Northern District of California described Micron as the victim of economic espionage involving a Taiwanese semiconductor company, a state-owned company in China, and three individuals who previously worked for Micron.

Read more about how Micron fell victim to espionage on DarkReading.