Uncovered in India: Large Data Theft of United States Information

Indian outsourcer steals client data, sells to competitors

The Times of India recently reported a case that will strike fear into the hearts and minds of information security specialists and C-level executives that support and promote the use of outsourcing for company processes and operations.

According to the report, the owner of an IT business process outsourcing (BPO) service provider has been accused of stealing information from Florida-based company Noble Ventures, and reselling it to their U.S.-based rivals.

When Noble Ventures cancelled their contract for Web site creation and maintenance with Ahmedabad-based Business Bee Solutions, the company's owner closed his BPO shopfront and moved operations to his home.

It is not known when he sold the data belonging to Noble Ventures, but he used an American-based accomplice to sell the stolen information to Noble Ventures' U.S. competitors. MORE

Also see: The Times of India

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