Attacks/Breaches
7/7/2009
02:43 PM
50%
50%

Goldman's Alleged Code Thief Makes Bail

Programmer Sergey Aleynikov is under travel and computer use restrictions while awaiting trial.

A Russian-born computer programmer who's accused of stealing sensitive trading code from investment firm Goldman Sachs has been released on $750,000 bail with tight restrictions.

While awaiting trial on charges of fraud and theft of trade secrets, Sergey Aleynikov is not allowed to access any of the data he allegedly stole. He's also barred from traveling beyond the New York City metro area, court records reviewed by InformationWeek indicate.

Authorities will also monitor Aleynikov's computer use while he is free on bail.

Aleynikov, according to a criminal complaint filed last week by the U.S. Attorney's office in New York, "copied, without authorization, proprietary computer code belonging to a financial institution in the United States and then uploaded the code to a computer server in Germany."

The complaint does not mention the name of the financial services company allegedly victimized by Aleynikov, but numerous reports have pegged it as Goldman Sachs. Goldman has yet to comment publicly on the incident.

The code in question is said to be part of a computer program used to execute trades at the best possible prices.

"The financial institution has devoted substantial resources to developing and maintaining a computer platform that allows the financial institution to engage in sophisticated, high-speed, and high-volume trades on various stock and commodities markets," according to the complaint against Aleynikov.

The programmer joined Goldman Sachs in May, 2007, and was paid an annual salary of $400,000, according to records.

He was apprehended after Goldman Sachs noticed large amounts of data being uploaded from its servers via HTTPS transfers. The uploads, 32 MB in total, were ultimately traced to Aleynikov's workstation, the complaint states.

Prosecutors allege that Aleynikov carried out the theft between June 1 and July 3.

Attend a virtual event on dealing with dealing with security threats from inside your company. It happens July 15. Find out more and register.

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
White Papers
Cartoon
Current Issue
Dark Reading December Tech Digest
Experts weigh in on the pros and cons of end-user security training.
Flash Poll
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2014-6477
Published: 2014-11-23
Unspecified vulnerability in the JPublisher component in Oracle Database Server 11.1.0.7, 11.2.0.3, 11.2.0.4, 12.1.0.1, and 12.1.0.2 allows remote authenticated users to affect confidentiality via unknown vectors, a different vulnerability than CVE-2014-4290, CVE-2014-4291, CVE-2014-4292, CVE-2014-4...

CVE-2014-4807
Published: 2014-11-22
Sterling Order Management in IBM Sterling Selling and Fulfillment Suite 9.3.0 before FP8 allows remote authenticated users to cause a denial of service (CPU consumption) via a '\0' character.

CVE-2014-6183
Published: 2014-11-22
IBM Security Network Protection 5.1 before 5.1.0.0 FP13, 5.1.1 before 5.1.1.0 FP8, 5.1.2 before 5.1.2.0 FP9, 5.1.2.1 before FP5, 5.2 before 5.2.0.0 FP5, and 5.3 before 5.3.0.0 FP1 on XGS devices allows remote authenticated users to execute arbitrary commands via unspecified vectors.

CVE-2014-8626
Published: 2014-11-22
Stack-based buffer overflow in the date_from_ISO8601 function in ext/xmlrpc/libxmlrpc/xmlrpc.c in PHP before 5.2.7 allows remote attackers to cause a denial of service (application crash) or possibly execute arbitrary code by including a timezone field in a date, leading to improper XML-RPC encoding...

CVE-2014-8710
Published: 2014-11-22
The decompress_sigcomp_message function in epan/sigcomp-udvm.c in the SigComp UDVM dissector in Wireshark 1.10.x before 1.10.11 allows remote attackers to cause a denial of service (buffer over-read and application crash) via a crafted packet.

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Now that the holiday season is about to begin both online and in stores, will this be yet another season of nonstop gifting to cybercriminals?