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
Hackers have repeatedly penetrated the computer network of the company that runs the Nasdaq Stock Market during the past year, and federal investigators are trying to identify the perpetrators and their purpose, according to people familiar with the matter.. The exchange's trading platform The link for this article located at Wall Street Journal is no longer available. . Authorities are examining the complex factors behind a series of cyber intrusions that have affected Nasdaq's market operations over the last year. Nasdaq Cyberattack, Trading Platform Security, Financial Incident. . LinuxSecurity.com Team
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