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

4/11/2017
09:50 AM
50%
50%

Computer Engineer Charged with Theft of Proprietary Computer Code

Zhengquan Zhang arrested for stealing over 3 million files containing company trade secrets from his employer, a global finance firm.

Zhengquan Zhang of California has been arrested and charged by a US federal court with stealing trade secrets from his employer, a New York financial services firm. A US Department of Justice (DoJ) release says that between March 2016 and March 2017, Zhang stole over three million files of confidential data and computer code.

According to the DoJ, Zhang stole the company’s source code for algorithmic trading models and trading platforms by installing a code that gained access to the network’s encryption keys. He allegedly also stored the stolen files on his employer’s network before installing another code to transfer the data to a third-party software development site.

William F. Sweeney Jr. of the FBI says, “Proprietary computer code may not be a tangible asset that people can observe, but it is indeed one of the most critical assets that companies possess.”

Zhang is also accused of illegally accessing the computers of his co-workers by stealing user credentials.

Read details here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Oldest First  |  Newest First  |  Threaded View
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
4/11/2017 | 3:16:35 PM
Insider Threat
This is a perfect example of the potential of insider threats. Employees are a huge risk based on the nature of their involvement with the company. They have credentials that may provide them upper level access and have access to proprietary information. It just takes one disgruntled employee to leverage these responsibilities in a nefarious manner.
qinezyqy
50%
50%
qinezyqy,
User Rank: Apprentice
6/27/2017 | 8:24:32 AM
it will increase
Theft like this will increase, a lot of engineers are not good persons.
44% of Security Threats Start in the Cloud
Kelly Sheridan, Staff Editor, Dark Reading,  2/19/2020
Zero-Factor Authentication: Owning Our Data
Nick Selby, Chief Security Officer at Paxos Trust Company,  2/19/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
6 Emerging Cyber Threats That Enterprises Face in 2020
This Tech Digest gives an in-depth look at six emerging cyber threats that enterprises could face in 2020. Download your copy today!
Flash Poll
How Enterprises Are Developing and Maintaining Secure Applications
How Enterprises Are Developing and Maintaining Secure Applications
The concept of application security is well known, but application security testing and remediation processes remain unbalanced. Most organizations are confident in their approach to AppSec, although others seem to have no approach at all. Read this report to find out more.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-8818
PUBLISHED: 2020-02-25
An issue was discovered in the CardGate Payments plugin through 2.0.30 for Magento 2. Lack of origin authentication in the IPN callback processing function in Controller/Payment/Callback.php allows an attacker to remotely replace critical plugin settings (merchant ID, secret key, etc.) and therefore...
CVE-2020-8819
PUBLISHED: 2020-02-25
An issue was discovered in the CardGate Payments plugin through 3.1.15 for WooCommerce. Lack of origin authentication in the IPN callback processing function in cardgate/cardgate.php allows an attacker to remotely replace critical plugin settings (merchant ID, secret key, etc.) and therefore bypass ...
CVE-2020-9385
PUBLISHED: 2020-02-25
A NULL Pointer Dereference exists in libzint in Zint 2.7.1 because multiple + characters are mishandled in add_on in upcean.c, when called from eanx in upcean.c during EAN barcode generation.
CVE-2020-9382
PUBLISHED: 2020-02-24
An issue was discovered in the Widgets extension through 1.4.0 for MediaWiki. Improper title sanitization allowed for the execution of any wiki page as a widget (as defined by this extension) via MediaWiki's } parser function.
CVE-2020-1938
PUBLISHED: 2020-02-24
When using the Apache JServ Protocol (AJP), care must be taken when trusting incoming connections to Apache Tomcat. Tomcat treats AJP connections as having higher trust than, for example, a similar HTTP connection. If such connections are available to an attacker, they can be exploited in ways that ...