Bloomberg reports: A former Citadel LLC employee who admitted stealing data from the Chicago-based investment firm as well as high-frequency trading computer code from a New Jersey company was sentenced to three years in prison. Yihao “Ben” Pu, who was charged in 2011, pleaded guilty in August to stealing proprietary information from Citadel in 2011 and to…
Category: Insider
GA: Fulton County School officials are investigating a teen hacker
Donna Lowry reports: Fulton County School officials are investigating a teen who they believe hacked into his teachers’ emails for nine months. The district sent home a letter today to parents of students at North Springs Charter High School telling them that last year, a student gained access to the email login information for 21…
Personal banking info sold to highest bidder in China
From the that’s-not-good dept.: Leaks of personal credit card information have become increasingly serious in China, reports the Beijing Times. The stolen information is sold online and priced differently according to its “quality.” Secondhand information that has previously been sold is priced at 0.35 yuan (US$0.06) per item whereas info on platinum card users can…
Obama’s proposed changes to the computer hacking statute: A deep dive
Orin Kerr writes: As part of the State of the Union rollout, President Obama has announced several new legislative proposals involving cybersecurity. One of the proposals is a set of amendments to the controversial Computer Fraud and Abuse Act (“CFAA”), the federal computer hacking statute. This post takes a close look at the main CFAA proposal….
GA: Brooklet officer fired after security, identity breach
Holli Deal Saxon reports: A former Brooklet police officer fired for sharing information about candidates for the town’s police chief position said he was terminated unfairly and improperly, but the Brooklet city councilman who supervises the police department says the officer was fired for breaking privacy laws. Former police Sgt. Jonathan McGahee was terminated Dec….
MA: Middlesex Asst. DA Charged With Leaking Confidential Info in Exchange for Drugs
Chris Caesar reports: A former Middlesex Assistant District Attorney was indicted Thursday on charges he accepted bribes and illegally slipped confidential information from his office to a drug dealer in exchange for painkillers. Stephen Gilpatric, 35, of Somerville allegedly leaked sensitive records—including a Board of Probation record, police report, photograph and other identifying information—about another…