Former Software Chief Admits Stealing Trade Secrets
Alorie Gilbert writes in C|Net News:
A former software executive's guilty plea to charges of breaking into a rival's computers and stealing trade secrets may give business security experts pause.
John O'Neil, former CEO of Business Engine Software, pled guilty in a San Francisco federal court on Wednesday to conspiracy to download and steal the trade secrets of software competitor Niku over a 10-month period.
O'Neil, 43, is the third former executive of the San Francisco company to admit guilt in a case that the FBI's computer intrusion squad helped to investigate. He faces a maximum sentence of 10 years in jail and a $250,000 fine. Sentencing is scheduling for next spring.
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