Software worth Rs 20 crore stolen: Employees working in Netherlands company stole it, accused of selling it in Dubai
Software worth Rs 20 crore stolen: Employees working in Netherlands company stole it, accused of selling it in Dubai
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Noida, Uttar Pradesh - In a startling revelation, a case of software theft has emerged involving the prominent Dutch company, Mers Solulever BV, located in Sector-127, Noida. It is alleged that certain individuals within the company misappropriated the source code of their software and handed it over to a company based in Dubai. The Sector-126 Police have registered a case under the IT Act and other relevant sections, naming six individuals, including those associated with the Dubai-based firm.

The Accused and the Company

Mers Solulever BV's unit in Noida's Sector-127 serves customers across various cities in India, including Delhi, Mumbai, Bengaluru, among others. The company specializes in software development, with its engineers crafting the source code—a crucial component of software that sets it apart. This source code, a proprietary asset worth approximately 20 crores INR, was securely stored in the company's private GitHub account.

The Allegations Unveiled

The accusations suggest that employees of the company transferred the source code from the GitHub account to another, subsequently delivering it to Netics Global, a company based in Dubai. The police have named Rajat Sabharwal, Prakhar Shukla, Ashish Kapoor, Apurv Goyal, Abhishek Agrawal, and Archit Garg in the filed report.

Investigation and Legal Proceedings

The Sector-126 Police are actively investigating the case to unravel the extent of the software theft. The accused individuals could face severe consequences under the IT Act and other applicable laws. The police are collaborating with digital forensics experts to trace the trail of the stolen source code and gather evidence against the alleged perpetrators.

Significance of the Source Code

The source code, being an integral part of software development, holds immense value. It is not only the intellectual property of the company but also a significant financial investment. Creating such a code involves considerable expenditure, both in terms of time and resources.

Company Response and Security Measures

Mers Solulever BV is yet to release an official statement on the matter. However, industry experts emphasize the importance of robust internal security measures to prevent such incidents. Companies dealing with sensitive information, especially in the tech domain, are urged to strengthen their data protection protocols.

Impact on the Tech Community

This incident sends ripples through the tech community, raising concerns about the vulnerability of intellectual property in the digital age. It serves as a reminder for companies to prioritize cybersecurity and employee integrity. As the investigation unfolds, the Noida software theft case highlights the critical need for stringent cybersecurity measures in the ever-evolving tech landscape. Protecting intellectual property is not only a legal obligation but also essential for sustaining innovation and trust in the industry.

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