A former Goldman Sachs software developer has been sentenced to eight years in prison for stealing proprietary code used in the firm's high-speed trading platform.. Sergey Aleynikov worked at Goldman from 2007 to 2009 and was a programmer responsible for the firm's high-frequency trading software, which has generated more than $500 million in profit for the firm since 1999, prosecutors said. In June of 2009, he transferred The link for this article located at The Register UK is no longer available. . Ex-Goldman engineer Sergey Aleynikov faces punishment for pilfering confidential trading algorithms, heightening alarm over cybersecurity risks.. Goldman Sachs Software Theft, High-Frequency Trading, Cybersecurity Breach. . LinuxSecurity.com Team
A group of cyber-pirates stole copyrighted software, games and movies in what law enforcement authorities on Wednesday termed a "massive" theft for their own pleasure, not profit. The indictments were announced by U.S. Attorney Patrick Fitzgerald in Chicago against 19 members of the underground piracy group known as "RISCISO," led by Sean O'Toole, 26, of Perth, Australia. Another member of the group implicated in the FBI's investigation, dubbed "Operation Jolly Roger," was Linda Waldron, 57, of Barbados. Extradition will be sought for both. . As many as 60 members of the group, many of whom work in the computer field and live across the United States, tapped into their tightly controlled computer servers loaded with stolen merchandise that would fill 23,000 compact discs and was valued at $6.5 million, prosecutors said. Initially, the stolen software was sent to servers set up overseas. The link for this article located at CNN is no longer available. . An extensive 60-member cybercrime syndicate, implicated in a $6.5 million software theft, now faces legal action after a major enforcement operation. Cyber Piracy, Software Theft, RISCISO Group. . Benjamin D. Thomas
The High Court has ordered 10 ISPs to hand over the customer details of 150 individuals accused of illegally sharing and downloading desktop software on the web. The illegal file-sharers were identified after a 12-month covert investigation by the Federation Against Software Theft (Fast), called Operation Tracker. . The individuals all use false names but Fast has now secured the court orders that will force the internet service providers to hand over the full personal details - including names, addresses and dates of birth - of the 150 individuals. The link for this article located at Silicon.com is no longer available. . The individuals all use false names but Fast has now secured the court orders that will force the in. court, ordered, customer, details, individuals, accused. . LinuxSecurity.com Team
A 20-year-old man has been arrested in England in the theft of the proprietary software blueprints used by Cisco Systems' networking equipment, police and the company confirmed. . . .. A 20-year-old man has been arrested in England in the theft of the proprietary software blueprints used by Cisco Systems' networking equipment, police and the company confirmed. The man, who was not identified and has not yet been formally charged, was arrested Sept. 3 in connection with the theft made public in May. He has since been released on bail, and the investigation is continuing, Alan Crockford, a Scotland Yard spokesman, said Friday. The man was arrested on suspicion of violating the Computer Misuse Act of 1990, Crockford said. Other details of the investigation and arrest were not immediately available. About 800 megabytes of the software blueprint, or source code, for Cisco's Internetwork Operating System appeared on a Russian Web site in May. It was quickly removed at Cisco's request. The company said the theft was not the result of a software or service vulnerability. Cisco confirmed at the time that the FBI was investigating the theft. The link for this article located at The Associated Press is no longer available. . A 20-year-old man has been arrested in England in the theft of the proprietary software blueprints u. 20-year-old, arrested, england, theft, proprietary, software, blueprints. . LinuxSecurity.com Team
Microsoft Corp. and U.S. authorities are investigating an extraordinary computer break-in at Microsoft's headquarters by hackers believed to have stolen the blueprints to its most valuable software, including the latest versions of Windows and Office, people . . . . Microsoft Corp. and U.S. authorities are investigating an extraordinary computer break-in at Microsoft's headquarters by hackers believed to have stolen the blueprints to its most valuable software, including the latest versions of Windows and Office, people familiar with the situation said. . Amazon and federal agents are investigating a remarkable breach concerning data pilfering.. Microsoft Security,Cyber Breach,Software Theft,Network Investigation. . LinuxSecurity.com Team
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