Chipmaker Intel Corp. blames internal error on data leak
Corporate network not compromised, chipmaker says
BOSTON — The computer chipmaker Intel Corp. on Friday blamed an internal error for a data leak that prompted it to release a quarterly earnings report early. It said its corporate network was not compromised.
The company’s chief financial officer, George Davis, had earlier told The Financial Times that Intel published its earnings ahead of the stock market’s close on Thursday because it believed a hacker stole financially sensitive information from the site.
The company’s quarterly results were originally scheduled to be published hours later after the close of trading on Wall Street Thursday.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| INTC | INTEL CORP. | 23.93 | -0.12 | -0.50% |
INTEL CAPS OFF DIFFICULT YEAR WITH RECORD SALES
“An infographic was hacked off of our PR newsroom site,” the newspaper quoted Davis as saying. It quoted an unnamed company spokesperson as saying Intel was notified that the graphic was circulating outside the company.
Early access to such information could benefit a stock trader.
The computer chipmaker Intel Corp. on Friday blamed an internal error for a data leak that prompted it to release a quarterly earnings report early.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
On Friday, Intel issued a statement saying it had determined that no hack occurred.
It said "the URL of our earnings infographic was inadvertently made publicly accessible before publication of our earnings and accessed by third parties. Once we became aware of the situation we promptly issued our earnings announcement. Intel’s network was not compromised and we have adjusted our process to prevent this in the future.”
The company's stock price closed down more than 9% Friday.