Latest in 802.16

Image credit:

Posdata employee tried to sell WiBro secrets to US

Darren Murph
May 21, 2007
Share
Tweet
Share

Sponsored Links

While it may look easy (and astonishingly lucrative) to pull a case of high-stakes espionage, one South Korean and three US-based individuals are learning the hard way that crime doesn't pay. The Seoul Central Prosecutors Office is accusing an unnamed employee of Posdata Co., a developer of WiBro, "of sending email with proprietary information to three former employees who live in the US." Additionally, it was suggested that the trade secrets (which cost about $95 million to fully develop) were being offered up "for around $190 million" to an unnamed US company. All in all, four culprits were arrested in the ordeal, and while "some data" was transferred, the boys in blue caught on and stopped the gig before any major secrets were divulged. Should've tried the bag drop method, eh?

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

The 2020 Engadget Holiday Gift Guide

The 2020 Engadget Holiday Gift Guide

View
China's lunar sampling robot beams back its first full-color moon shots

China's lunar sampling robot beams back its first full-color moon shots

View
DJI’s cinematic FPV drone leaks in photos

DJI’s cinematic FPV drone leaks in photos

View
The MacBook Pro M1 is $100 cheaper at Amazon

The MacBook Pro M1 is $100 cheaper at Amazon

View
DoorDash lets restaurants add their own delivery drivers to its service

DoorDash lets restaurants add their own delivery drivers to its service

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr