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ITMG Insider Threat Cases – June 29, 2022

Samsung-LG Court Battle Ends in Win for Chinese OLED Panel Makers

A decadelong conflict between South Korea’s Samsung Electronics and LG Group over OLED technology has finally drawn to a close, but not before Chinese players wrested control of a sizable portion of the market.

The panels, which form pictures using a thin, bendable layer of organic light-emitting diodes, had been cutting-edge technology when trouble first began brewing between the two companies in 2012. But the market has changed dramatically since then, and South Korean industry insiders worry that Samsung and LG wasted precious time and resources, raising the possibility China will eventually take over in OLEDs like it did with liquid crystal displays (LCDs).

Turkey Arrests Greek on Spying Charges

Turkey arrested a Greek citizen on Sunday on suspicion of espionage activities, a day after seizing him in an operation coordinated with its spy agency, local police said.

“The agent, named M.A.A., was detained by the judicial authorities after he was discovered to have connections with the Greek National Intelligence Organization … compiled information about our country’s border security and transferred it to Greek intelligence,” the police department in Gaziantep said in a statement.

Former Amazon Worker Convicted of Capital One Data Breach

A former Amazon Web Services (AWS) employee was convicted of multiple crimes connected to one of the largest US data breaches of all time.

Paige Thompson, 36, acting under the handle ‘erratic,’ obtained the personal information of more than 100 million people in the infamous Capital One hack in 2019 using a tool she built that searched for misconfigured accounts on AWS.

DistributionNOW Sues Former Employees for Trade Secret Theft

DistributionNOW, a Houston-based distribution company for the energy sector, sued four ex-employees including a former executive of its Odessa Pumps division, alleging that they took confidential information and trade secrets and are now using that data to boost a competitor called Permian Pump & Valve.

Epic Co-Founders, Former CFO Arrested on Embezzlement, Racketeering Charges

Epic Charter Schools’ founders, who were arrested Thursday, shifted millions of school dollars to company credit cards, which were used to make political campaign donations, fund a lobbyist and pay personal expenses like vacations, the Oklahoma State Bureau of Investigation alleges in court documents.

David Chaney, 43, Ben Harris, 46, and Josh Brock, 40, were booked into the Oklahoma County Detention Center Thursday morning. Each is charged with racketeering, embezzlement, obtaining money by false pretense, conspiracy to commit a felony, violating the Oklahoma Computer Crimes Act, submitting false documents to the state and unlawful proceeds.

Former Cherokee Nation Foundation Executive Fights Embezzlement Charges from Poland

The former executive director of the Cherokee Nation Foundation who is now living in Poland has gone to federal court to have tribal embezzlement charges dismissed against her.

Kimberlie Gilliland, 52, has filed a petition in Tulsa federal court that seeks to void an arrest warrant and related charges brought against her by Cherokee Nation authorities.

The petition for a writ of habeas corpus, filed earlier this month, asks a federal judge to find that an arrest warrant issued in connection with an amended complaint naming Gilliland on embezzlement charges “represents a sufficiently severe actual restraint on her liberty interests as to warrant habeas corpus review,” according to the 426-page complaint.

This entry was posted on Wednesday, June 29th, 2022 at 2:35 pm. Both comments and pings are currently closed.

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