SAIC Not Secretive Enough With Shareholder Data, As It Gets Stolen

from the so-much-for-that-plan... dept

SAIC, the enormously secretive company that builds computer systems for the government (even the ones that don't actually work) is now telling shareholders that some computers with their personal info on it has been stolen, including how many SAIC shares they've bought and sold over the past few years. Of course, being a shareholder in SAIC isn't like being a shareholder in most companies. Only employees are allowed to be shareholders, and they're allowed to make trades once every few months at a set price (determined by an outside auditor). When people leave the company, they're forced to sell back their shares. Of course, with all the secrecy surrounding the company, it's a bit surprising that they went public with this, even if data privacy laws might require it.

Reader Comments

Subscribe: RSS

View by: Time | Thread


  • identicon
    nonuser, 3 Feb 2005 @ 7:17pm

    America's Cup

    SAIC supplied the rocket science behind Dennis Conner's winning Cup campaigns in the '80s. Since then, though, the New Zealanders (and more recently the Swiss) have cleaned everyone's clocks.

    That must be some fun stuff for a very small percentage of SAIC's engineering staff.

    reply to this | link to this | view in chronology ]


Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here



Subscribe to the Techdirt Daily newsletter




Comment Options:

  • Use markdown. Use plain text.
  • Remember name/email/url (set a cookie)

Close

Add A Reply

Have a Techdirt Account? Sign in now. Want one? Register here



Subscribe to the Techdirt Daily newsletter




Comment Options:

  • Use markdown. Use plain text.
  • Remember name/email/url (set a cookie)

Follow Techdirt
Insider Shop - Show Your Support!

Advertisement
Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Advertisement
Report this ad  |  Hide Techdirt ads
Recent Stories
Advertisement
Report this ad  |  Hide Techdirt ads

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.