The trade secrets he illegally downloaded were information about algorithms developed for high frequency trading by the hedge fund.
"[He] illegally downloaded information about algorithms developed for use in high-frequency trading by the Chicago-based [company]."It is unclear how this insider data breach was discovered. Organization seeking to proactively detect theft of intellectual property can utilize low-cost on-demand SaaS analytics services.
- Daily Hampshire Gazette
Learn how to proactively detect identity theft and unauthorized breaches of data privacy, even by authorized users - with no hardware and no on-site software.Sources:
(a) Computer analyst sentenced for trade secrets theft - www.GazzetteNet.com, 01/16/2015