US Philips Lumileds Lighting Company LLC 2011 Misuse (Q15431)
From Open Risk Manual
A data breach risk event
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | US Philips Lumileds Lighting Company LLC 2011 Misuse |
A data breach risk event |
Statements
D816827D-BC61-4105-87F7-BA4FBD655EC0
January 2011
0 references
Employee steals confidential data and takes it to new employer. They alleged that Dr. Gangyi Chen, while employed, downloaded Lumileds trade secrets and confidential business information onto a portable storage device, then resigned and began working for a competitor in China, Elec-Tech International Co., Ltd. (ETI). Six months after Dr. Chen began at ETI, in an amount of time that plaintiffs called unprecedented in the lighting industry, ETI announced two new high-energy LED lighting products. (English)
