tiprankstipranks
ASML discloses data misappropriation by former employee in China
The Fly

ASML discloses data misappropriation by former employee in China

ASML disclosed in its annual filing: "We have experienced unauthorized misappropriation of data relating to proprietary technology by a (now) former employee in China. We promptly initiated a comprehensive internal review. Based upon our initial findings we do not believe that the misappropriation is material to our business. However, as a result of the security incident, certain export control regulations may have been violated. ASML has therefore reported the incident to relevant authorities. We are implementing additional remedial measures in light of this incident."

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on ASML:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles