Man Admits Hacking into His Former Employers Network

Tennessee man pleads guilty in federal court, acknowledging he illegally accessed his former employers networks to gain an edge over his rival.

A Tennessee man last Friday pleaded guilty to illegally hacking into his former employers computer networks for nearly a two-year period and pilfering proprietary business information worth roughly $425,000, according to an
announcement
Friday by the Department of Justice.
Jason Needham, 45 and co-owner of HNA Engineering, admitted to illegally accessing the computer networks of his former employer Allen & Hoshall, an engineering company and competitor to his firm.
During the two-year period, Needham repeatedly infiltrated Allen & Hoshalls servers to download digitally rendered engineering diagrams, as well as more than 100 project proposals and documents relating to his competitors budget. Needham also acknowledged he hacked into the email of a former colleague at Allen & Hoshall, which provided him access to information about the companys marketing plans, project proposals, and fee structures, as well as rotating account credentials for Allen & Hoshalls in-house document–sharing system.
Needham is scheduled for sentencing on July 14 in a Tennessee US District Court.
Read the DOJ release
here
.

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Man Admits Hacking into His Former Employers Network