From: InfoSec News (alertsinfosecnews.org)
Date: Wed Jul 08 2009 - 01:47:11 CDT

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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.

[...]

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