Feds cuff coder accused of US bank source code swipe

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http://www.theregister.co.uk/2012/01/19/feds_arrest_programmer_for_softwa=
re_theft/

By Brid-Aine Parnell
The Register
19th January 2012

A computer programmer has been charged with stealing source code worth=20
$9.5m from the Federal Reserve Bank of New York, according to the FBI=20
and prosecutors.

Bo Zhang, a 32-year-old from Queens in New York, was cuffed on suspicion=20
of swiping the Government-wide Accounting and Reporting (GWA) software,=20
used to help keep track of the US government's finances.

"Among other things, the GWA handles ledger accounting for each=20
appropriation, fund, and receipt within the Department of the Treasury,=20
and provides federal agencies with an account statement - similar to=20
bank statements provided to bank customers - of the agencies=E2=80=99 acc=
ount=20
balances with the United States Treasury," the US attorney's office for=20
the Southern District of New York said in an official statement.

Zhang was hired as a contractor to work on the code where it's held in=20
an access-controlled electronic repository in New York. During last=20
summer he allegedly stole the GWA code, which has so far cost the US=20
$9.5m to develop.

[...]

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