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Programmer steals Wall Street trading code, FBI alleges
From: InfoSec News <alerts () infosecnews org>
Date: Wed, 8 Jul 2009 01:47:11 -0500 (CDT)
http://www.computerworld.com/s/article/9135216/Programmer_steals_Wall_Street_trading_code_FBI_alleges By Gregg Keizer Computerworld July 6, 2009 A high-level developer for Goldman Sachs was arrested by the FBI Friday and charged with stealing computer code that automates the firm's high-volume trading on stock and commodities markets, according to court documents and sources close to the case. The Reuters news service, which broke the story yesterday, tied the developer, Sergey Aleynikov, to Goldman Sachs, where he was allegedly a vice president of equity strategy. Today, sources with knowledge of the case confirmed that Aleynikov had worked for Goldman Sachs for the last two years, and allegedly tried to steal code from the company. In the days before his June 5 resignation from Goldman Sachs, Aleynikov copied, encrypted and transferred approximately 32MB of proprietary code to a server located in Germany, the FBI claimed in the complaint filed July 4 by Special Agent Michael McSwain, a member of the agency's securities fraud squad. [...] _______________________________________________ Attend Black Hat USA, July 25-30 in Las Vegas, the world's premier technical event for ICT security experts. Network with 4,000+ delegates from 50 nations. Visit product displays by 30 top sponsors in a relaxed setting. http://www.blackhat.com
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