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An ex-employee stole data from the chip machine repository.

by Tanishqua Ghura
February 16, 2023
in News
Reading Time: 2 mins read
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An essential component in the international technology sector, ASML Holdings NV, had stolen information from an organisation’s technology platform to keep track of precise information about its own machinery by a former colleague in China. Apparently, to people who know the situation, the breach happened in a library that includes details about the lithographic equipment required to produce several of the most slashing semiconductors globally. It was the initial hint of the theft’s origin previously provided on Wednesday by ASML, which claimed an ex-employee in China had acquired government secrets. However, it did not indicate what particular information was seized.

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The individuals declined to be identified since the information is confidential and stated that the information was derived from a reputed product life cycle tracking technology named Teamcenter. They said that perhaps the application is being used domestically.

In accordance with the Siemens webpage that supplies the technology, Teamcenter functions as a cloud-based database of professional data that permits diverse communities of employees to communicate and coordinate their research and development. As stated on the internet, it provides “universal access to a centralised source of all manufacturer information, facts, and activities.” Further than the announcement it released on Wednesday, where the company believes it didn’t even think the loss was significant towards its operations, ASML declined to elaborate further. A request for feedback was only partially responded to by Siemens.

ASML Says Ex-Employee in China Stole Chip Data
SOURCE: Yahoo Finance

The United States is putting a lot of pressure on some other nations, including the Netherlands, to cooperate and restrict China’s semiconductor industrial capacity from expanding since this is the second similar intrusion that ASML has connected to China in much less than a year. A suspected Chinese monitoring balloon that sailed over US boundaries before ever being taken down has become increasingly unstable.

As per individuals with knowledge of the situation, State Secretary Antony Blinken delayed a visit to Beijing but considered addressing China’s highest diplomatic level next week in Germany. On Wednesday, China’s Foreign Office spokesman Wang Wenbin adamantly denied ASML’s allegation that a former Chinese worker has acquired information.

Following the discovery of the most recent incident, the Dutch tech company—which produces the machinery required to produce high-end semiconductors used on everything from powered mobility to military equipment—started an internal investigation and tightened security procedures. It was revealed on Wednesday that trade restrictions could have been violated, placing the company in jeopardy of consequences from the authorities.

The business is targeted because it serves as an essential link in the chain of supply for the equipment used to manufacture the fastest, most efficient transistors. A Beijing-based firm was reportedly implicated by ASML, which employs approximately 1,500 people in China, of allegedly stealing confidential information in a long-standing theft the year before.

Tags: #annonymous #hack #china #chinawebsite #international #cyberattack #tech #technology
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