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FBI: Insider Stole from Fed Reserve

Bo Zhang was arrested and charged Jan. 18 for stealing proprietary code used by the Treasury in its Government-Wide Accounting and Reporting Program. Zhang allegedly accessed the code between May 2011 and Aug. 11, 2011. Zhang reportedly admitted to authorities he copied the code and used it as a training tool for a personal side business. He now faces up to 10 years in prison and a $250,000 fine for stealing the code, which cost an estimated $9.5 million to develop. The FBI says the case highlights vulnerabilities the nation’s cyberinfrastructure faces from internal threats.”]

Source: https://www.cuinfosecurity.com/fbi-insider-stole-from-fed-reserve-a-4431

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