Headline
Cloud Firm Appian Awarded $2B in Trade Secret Cyber-Theft Lawsuit
Cloud competitor found liable for breaking into Appian back-end systems to steal company secrets.
Appian has been awarded $2.3 billion in its lawsuit against cloud computing competitor Pegasystems for the cyber theft of its trade secrets.
The Fairfax county court found Pegasystems used a variety of means to steal Appian data, including paying a government contractor to provide back-end access to Appian systems, over a period of eight years. A former Pegasystems employee alerted Appian to the insider threat scheme in 2020, Appian CEO Matt Calkins told Virginia Business.
According to the evidence presented at the trial, the government contractor who helped Pegasystems, Youyong Zou, passed trade secret information via video recordings of Appian’s development environments. Appian also said during the trial that Pegasystems employees used false identities to get access to trial versions of Appian’s software.
The court awarded Appian $5,000 in damages against Zou. Pegasystems also has to pay an additional $1 for violating the Virginia Computer Crimes Act.
Pegasystems has said it will appeal the ruling.
Keep up with the latest cybersecurity threats, newly-discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox.
Subscribe
Related news
A team of university researchers finds a machine learning-based approach to generating HTTP requests that slip past Web application firewalls.
The supply chain for firmware development is vast, convoluted, and growing out of control: patching security vulnerabilities can take up to two years. For cybercriminals, it's a veritable playground.
Round co-led by Sapphire Ventures and Costanoa Ventures to accelerate product leadership and market growth.
This year's Black Hat Asia is hybrid, with some sessions broadcast on the virtual platform and others live on stage in Singapore. News Desk is available on-demand with prerecorded interviews.
The technique, called store-now, decrypt later (SNDL), means organizations need to prepare now for post-quantum cryptography.
With its latest mobile OS update, Google aims to simplify the adoption of Android’s protective features for users and developers alike.
Enterprises can now ship more secure code to production by unifying security across software development, DevOps, and security teams.
The partnership integrates Keeper's zero-knowledge, zero-trust enterprise password manager (EPM) into SHI Complete, a comprehensive, fully managed IT service for small and medium-sized businesses (SMBs).
Round of $14.5M to support team of AI experts and cybersecurity leaders targeting overshared data with AI-based solutions for data access governance and loss prevention.
NYC-area cybersecurity expert shares the anatomy of a Quantum Ransomware attack and how to prevent, detect and recover from a ransomware attack, in a new article from eMazzanti Technologies.
Founders Fund leads $100 million Series-C financing, gaining the email security startup unicorn status two years after its launch.