Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Attacks/Breaches

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.

 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
COVID-19: Latest Security News & Commentary
Dark Reading Staff 7/2/2020
Ripple20 Threatens Increasingly Connected Medical Devices
Kelly Sheridan, Staff Editor, Dark Reading,  6/30/2020
DDoS Attacks Jump 542% from Q4 2019 to Q1 2020
Dark Reading Staff 6/30/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
How Cybersecurity Incident Response Programs Work (and Why Some Don't)
This Tech Digest takes a look at the vital role cybersecurity incident response (IR) plays in managing cyber-risk within organizations. Download the Tech Digest today to find out how well-planned IR programs can detect intrusions, contain breaches, and help an organization restore normal operations.
Flash Poll
The Threat from the Internetand What Your Organization Can Do About It
The Threat from the Internetand What Your Organization Can Do About It
This report describes some of the latest attacks and threats emanating from the Internet, as well as advice and tips on how your organization can mitigate those threats before they affect your business. Download it today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-9498
PUBLISHED: 2020-07-02
Apache Guacamole 1.1.0 and older may mishandle pointers involved inprocessing data received via RDP static virtual channels. If a userconnects to a malicious or compromised RDP server, a series ofspecially-crafted PDUs could result in memory corruption, possiblyallowing arbitrary code to be executed...
CVE-2020-3282
PUBLISHED: 2020-07-02
A vulnerability in the web-based management interface of Cisco Unified Communications Manager, Cisco Unified Communications Manager Session Management Edition, Cisco Unified Communications Manager IM & Presence Service, and Cisco Unity Connection could allow an unauthenticated, remote attack...
CVE-2020-5909
PUBLISHED: 2020-07-02
In versions 3.0.0-3.5.0, 2.0.0-2.9.0, and 1.0.1, when users run the command displayed in NGINX Controller user interface (UI) to fetch the agent installer, the server TLS certificate is not verified.
CVE-2020-5910
PUBLISHED: 2020-07-02
In versions 3.0.0-3.5.0, 2.0.0-2.9.0, and 1.0.1, the Neural Autonomic Transport System (NATS) messaging services in use by the NGINX Controller do not require any form of authentication, so any successful connection would be authorized.
CVE-2020-5911
PUBLISHED: 2020-07-02
In versions 3.0.0-3.5.0, 2.0.0-2.9.0, and 1.0.1, the NGINX Controller installer starts the download of Kubernetes packages from an HTTP URL On Debian/Ubuntu system.