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.

Comments
Feds Charge Wall Street Traders With Code Theft
Newest First  |  Oldest First  |  Threaded View
David F. Carr
50%
50%
David F. Carr,
User Rank: Apprentice
8/30/2013 | 1:26:24 PM
re: Feds Charge Wall Street Traders With Code Theft
If you're going to steal, steal BIG
Michael Endler
50%
50%
Michael Endler,
User Rank: Apprentice
8/28/2013 | 6:29:00 PM
re: Feds Charge Wall Street Traders With Code Theft
I'm oversimplifying the issue, but it's sort of ironic that prosecutions get stepped up when financial industry guys try to steal from one another. When the financial industry wrecks the economy for everyone else, though, not so much.
MedicalQuack
50%
50%
MedicalQuack,
User Rank: Apprentice
8/28/2013 | 4:50:43 PM
re: Feds Charge Wall Street Traders With Code Theft
I say prove it. The last case at Goldman was a farce and actually Goldman might want to look up old Sergey as I read he has some great engineering skills too:) If they found reworked code as they say, run it and see what it does. Also the traders unless they understand programming would have to be coached to determine what to share in Drop Box, a lot left out here and look at the reference to the Goldman/Sergey story from the FBI on "subversion"...if you are in tech you will laugh your fanny off at that one as the agent admits he had no clue what it was:) I wrote up my commentary on all of this...are we going to see another circus when it comes to proving theft here as a jury of peers in complex cases like this might be impossible to find and you have to watch the "experts" called in too as they can fabricate to win a case if no other experts dispute it:)

http://ducknetweb.blogspot.com...

Again find out who was "coaching" the traders on what code to put into Drop Box I say:)
RobPreston
50%
50%
RobPreston,
User Rank: Apprentice
8/28/2013 | 4:09:06 PM
re: Feds Charge Wall Street Traders With Code Theft
High-frequency trading algorithms aren't a bunch of credit card or social security numbers. Protecting (extremely valuable) intellectual property is the next frontier in information security.


COVID-19: Latest Security News & Commentary
Dark Reading Staff 9/21/2020
Cybersecurity Bounces Back, but Talent Still Absent
Simone Petrella, Chief Executive Officer, CyberVista,  9/16/2020
Meet the Computer Scientist Who Helped Push for Paper Ballots
Kelly Jackson Higgins, Executive Editor at Dark Reading,  9/16/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Special Report: Computing's New Normal
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
How IT Security Organizations are Attacking the Cybersecurity Problem
How IT Security Organizations are Attacking the Cybersecurity Problem
The COVID-19 pandemic turned the world -- and enterprise computing -- on end. Here's a look at how cybersecurity teams are retrenching their defense strategies, rebuilding their teams, and selecting new technologies to stop the oncoming rise of online attacks.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-25514
PUBLISHED: 2020-09-22
Sourcecodester Simple Library Management System 1.0 is affected by Incorrect Access Control via the Login Panel, http://<site>/lms/admin.php.
CVE-2020-25515
PUBLISHED: 2020-09-22
Sourcecodester Simple Library Management System 1.0 is affected by Insecure Permissions via Books > New Book , http://<site>/lms/index.php?page=books.
CVE-2020-14022
PUBLISHED: 2020-09-22
Ozeki NG SMS Gateway 4.17.1 through 4.17.6 does not check the file type when bulk importing new contacts ("Import Contacts" functionality) from a file. It is possible to upload an executable or .bat file that can be executed with the help of a functionality (E.g. the "Application Star...
CVE-2020-14023
PUBLISHED: 2020-09-22
Ozeki NG SMS Gateway through 4.17.6 allows SSRF via SMS WCF or RSS To SMS.
CVE-2020-14024
PUBLISHED: 2020-09-22
Ozeki NG SMS Gateway through 4.17.6 has multiple authenticated stored and/or reflected XSS vulnerabilities via the (1) Receiver or Recipient field in the Mailbox feature, (2) OZFORM_GROUPNAME field in the Group configuration of addresses, (3) listname field in the Defining address lists configuratio...