US EditionRs 87 crore data theft reported at Bengaluru IT firm; case filed against ex-employee
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Ex-IT firm employee booked for source code theft worth Rs 87 cr in Bengaluru
Bengaluru: An FIR has been registered against a former senior employee of an IT firm for allegedly stealing the company’s proprietary software source code valued at approximately Rs 87 crore, police said on Tuesday. The accused Ashuthosh Nigam was employed as a Senior Manager Research Scientist from February 1, 2020, with Amadeus Software Labs India (P) Ltd, they said. According to the FIR, during the course of his employment, he unauthorisedly …
Rs 87 crore data theft reported at Bengaluru IT firm; case filed against ex-employee
Bengaluru police have registered a case against a former employee of Amadeus Software Labs India for allegedly stealing confidential source code and sensitive data, causing losses estimated at around Rs 87 crore.
Show Quick Read Key points generated by AI, verified by newsroom A sensational case of data theft has come to light from Bengaluru, known as the IT capital of the country, which has raised serious questions about data security and corporate privacy in the IT industry. In this case, a software company is estimated to have suffered a loss of around 80 lakh Euros i.e. approximately Rs 87 crores. Bengaluru City Police has registered an FIR in this r…
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