Saturday 11 July 2009

Trading system secrets stolen by former Goldman Sachs employees

In a rare example of public disclosure the FBI arrested an employee of Goldman Sachs who is accused of stealing computer code used for complex, high speed market trading.

The activity was detected by GS's automated monitoring systems that scan email for any transfer of code.

The suspect was on $400,000 a year, makes one wonder how much the code is worth?

Would you know if your employees were stealing data, if your answer is no, or don't know, contact us for help. Check out our Drilling info for some ideas.

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