Intel says hacker obtained financially sensitive information

Intel said it was the victim of a hacker who stole financially sensitive information from its corporate website on Thursday, prompting the company to release its earnings statement ahead of schedule. 

The company believed an attacker had obtained advanced details about a strong earnings report the company was due to publish after the market closed, said George Davis, chief financial officer.

The US chipmaker’s shares rose more than 6 per cent during the day, including nearly 2 per in the final 15 minutes of trading on Thursday.

Intel published its formal earnings announcement upon discovering the problem, with the news coming out six minutes before the market closed instead of after the market close.

“We put ours out as soon as we were aware,” said Mr Davis.

“An infographic was hacked off of our PR newsroom site,” he said, adding that Intel was still investigating the incident.

He did not provide more details, but said that the leak was the result of an illicit action that had not involved any unintentional disclosure by the company itself.

The latest figures revealed an unexpectedly strong bounce in Intel’s sales of chips for PCs as a result of the pandemic, as more people bought laptops to work and study from home, as well as more powerful gaming PCs. 

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