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Engineer Arrested for Attempted Theft of Trade Secrets

Software engineer Dmitry Sazonov has been arrested for trying to steal valuable code from his employer, a financial services firm.

The FBI has announced the arrest of software engineer Dmitry Sazonov, who was taken into custody for allegedly trying to steal valuable computer code from the financial services organization where he worked.

Sazonov, a native of New York's Rockland County, has been charged with one count of attempted theft of trade secrets, which carries a maximum sentence of 10 years in prison and maximum fine of $250,000, or twice the gross gain or loss from his crime.

The DoJ reports he allegedly took several steps to hide his theft of proprietary computer code for a trading platform, which his employer has been developing for five years.

"He researched and ultimately used the technique of steganography to hide the code within other PDF files like personal tax and immigration documents on his work computer," says FBI assistant director-in-charge William F. Sweeney Jr. "He also uploaded encrypted zip files to a third-party website to complete his heist."

Read more details here.

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