Theft and Fraud A China-based former employee of ASML Holding NV stole data from a software system that the corporation uses to store technical information about its machinery. The breach occurred in a repository that includes details of the lithography systems critical to producing some of the world’s most advanced chips, said people with knowledge of the situation. The data came from a product development program known as Teamcenter, which allows for “common access to a single repository of all product-related knowledge, data and processes.” The company declined to comment beyond the statement it issued earlier on Wednesday, in which the company said it didn’t believe the theft was material to its business. The company initiated an internal review and implemented remedial measures after the incident. The revelation comes just as the Netherlands is poised to join the US and Japan in restricting China's ability to acquire advanced machines for producing semiconductors from the likes of ASML. The Biden administration has said it's essential for the West to block Beijing from acquiring leading technologies that could empower its military and threaten global security.
Insider Risk Incident Report 2/16/23
Insider Risk Incident Report 2/16/23
Insider Risk Incident Report 2/16/23
Theft and Fraud A China-based former employee of ASML Holding NV stole data from a software system that the corporation uses to store technical information about its machinery. The breach occurred in a repository that includes details of the lithography systems critical to producing some of the world’s most advanced chips, said people with knowledge of the situation. The data came from a product development program known as Teamcenter, which allows for “common access to a single repository of all product-related knowledge, data and processes.” The company declined to comment beyond the statement it issued earlier on Wednesday, in which the company said it didn’t believe the theft was material to its business. The company initiated an internal review and implemented remedial measures after the incident. The revelation comes just as the Netherlands is poised to join the US and Japan in restricting China's ability to acquire advanced machines for producing semiconductors from the likes of ASML. The Biden administration has said it's essential for the West to block Beijing from acquiring leading technologies that could empower its military and threaten global security.