Risky Business #115 -- Goldman Sachs pwned, Kimberly Zenz and Brian "Jericho" Martin
Tue, 07/14/2009 - 17:04
On this week's show we're joined by semi regular guest Adam Pointon. Adam's the CSO for a financial services company, so he has a fair bit of insight into both security technology and market-based technology. You may have heard by now that investment bank Goldman Sachs has claimed its trading algorithm has been stolen by one of its developers. Why is this a big deal? How would possession of that algorithm be advantageous to an attacker? Adam joins the show to tell us.
Looks like the the developer in question with Goldman was found guilty and is now spending some time in the clink.
http://www.marketwatch.com/story/goldman-code-thief-gets-97-months-in-pr...