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From hacking to coding mistakes and rogue insiders, the financial system is vulnerable to disruption Source: 10 Ways Electronic Breaches Could Blindside Global Finance (Forbes) The former programmer, Sergey Aleynikov, is charged with theft of trade secrets, transportation of stolen property and unauthorized computer access. If convicted, Mr. Aleynikov faces up to 25 years in prison. Source: Plea in Case of Stolen Code From Goldman (New York Times) NEW YORK, USA: A former Goldman Sachs Group Inc computer programmer pleaded not guilty on Wednesday to charges he stole code from the bank’s lucrative high-frequency trading platform before leaving for another company last year. Source: Ex-Goldman programmer pleads not guilty to theft (CIOL) Prosecutors going after former Goldman Sachs computer whiz Sergey Aleynikov for theft say they haven’t yet found the allegedly pilfered code on his new employers’ computers — potentially blowing a hole in their case. According to prosecutors, the 40-year-old New Jersey resident downloaded the software ahead of taking a… Source: Stolen Goldman computer code is still MIA (New York Post) Sergey Aleynikov is charged with stealing trade secrets and taking them to his new employer. Source: Ex-Goldman Programmer Pleads Not Guilty to Stealing Code (New York Times) High-frequency trading platform source code allegedly stolen. Source: Ex-Goldman programmer pleads not guilty to theft (iTNews) Feb. 17 (Bloomberg) — Former Goldman Sachs Group Inc. computer programmer Sergey Aleynikov pleaded not guilty to federal charges that he stole trading software from the bank. Source: Ex-Goldman Programmer Aleynikov Pleads Not Guilty (Update2) (Bloomberg) A former Goldman Sachs Group Inc computer programmer pleaded not guilty on Wednesday to charges he stole code from the bank’s lucrative high-frequency trading platform before leaving for another company last year. Source: Ex-Goldman programmer pleads not guilty to theft (Reuters via Yahoo! UK & Ireland News) NEW YORK (Reuters) – A former Goldman Sachs Group Inc computer programmer pleaded not guilty on Wednesday to charges he stole code from the bank’s high-frequency trading platform before leaving the firm for another company last year. Source: Ex-Goldman programmer pleads not guilty (Interactive Investor) Feb. 17 (Bloomberg) — Former Goldman Sachs Group Inc. computer programmer Sergey Aleynikov pleaded not guilty to federal charges that he stole trading software from the bank. Source: Former Goldman Programmer Aleynikov Pleads Not Guilty (Update1) (Bloomberg) Winners JOHN THAIN Ex-Merrill boss gets executive suite — to redo? — at embattled CIT. BRAD GREY Paramount head does well — brings smile to boss — Viacom CEO Sumner Redstone. STEPHEN ROSS Real estate mogul raises $1.1B to make run at depressed banks. Losers AKIO TOYODA Car company president apologizes for giant… Sergey Aleynikov, the so-called ” Goldman Sachs spy,” has been indicted on charges that he stole data on the bank’s heavily guarded high-frequency trading platform. Aleynikov could face up to 25 years in prison for his actions. A New Jersey programmer has been indicted on software theft charges that could land him a 25-year prison sentence… Source: Computer Programmer Charged With Stealing Software from Goldman Sachs (AnandTech) EU’s backing of Greece, data boost Wall Street NEW YORK (Reuters) – Stocks rose on Thursday after a pledge by European leaders to support debt-laden Greece eased fears of a broader euro zone crisis and upbeat data from China spurred mining and material stocks. Data pointing to stabilization in the… Sergey Aleynikov may need more than acting skills and fancy footwork to get himself out of this jam. Aleynikov, a former Goldman Sachs computer programmer and amateur ballroom dancer who posted a silent movie on YouTube describing how he met his wife, yesterday was indicted by a federal grand jury… Source: Slam(mer) dance (New York Post) Feb. 12 (Bloomberg) — Former Goldman Sachs Group Inc. computer programmer Sergey Aleynikov was indicted on federal charges that he stole trading software from the bank. Source: Ex-Goldman Programmer Aleynikov Indicted Over Software Theft (Bloomberg) A former Goldman Sachs Group programer was indicted on charges he stole computer code for the investment bank’s high-frequency trading platform, federal prosecutors said on Thursday. Source: Ex-Goldman programmer indicted over HFT code theft (Reuters via Yahoo! News) LawFuel.com Legal Newswire – PREET BHARARA, the United States Attorney for the Southern District of New York, and JOSEPH M. DEMAREST, JR., the Assistant Director in Charge of the New York Field Division of the Federal Bureau of Investigation (“FBI”), announced that SERGEY ALEYNIKOV was indicted today on charges related to his theft of proprietary computer code concerning a high-frequency trading … Source: Former Goldman Sachs Computer Programmer Charged with Theft of Computer Secrets (LawFuel) Sergey Aleynikov is accused of stealing the software that Goldman Sachs uses to make rapid-fire trades in the financial markets. Source: Programmer Indicted in Theft of Goldman Software (New York Times) NYC grand jury indicts former Goldman Sachs worker, accusing NJ man of stealing secrets Goldman Sachs – United States – Theft – Crime – New York Source: NJ Man Indicted in NYC in Goldman Sachs Data Theft (ABC News) |
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