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Part I: When Insiders and Competitors Target Businesses

In late 2002, Lightwave Microsystems, a privately held company in California, announced it would cease operations because of financial difficulties. Brent Woodward offered to sell Lightwave’s trade secrets to a competitor. Jason Smathers used a colleague’s access codes to acquire information on 30 million AOL customers. He sold the stolen AOL e-mail addresses to Sean Dunaway for US$27,000; Dunaway resold the AOL data to “spammers” for approximately $52,000. A DoJ prosecuted this case under the Controlling the Assault of Non-Solicited Pornography and Marketing.”]

Source: https://www.csoonline.com/article/2121460/part-i–when-insiders-and-competitors-target-businesses.html

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