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U.S. charges man with stealing software from NY Fed

From reuters.com

U.S. prosectors charged a computer programmer with stealing software code valued at nearly $10 million from the Federal Reserve Bank of New York. They charged Bo Zhang, who worked as a contract programmer at the bank, with illegally copying software to an external hard drive, according to a criminal complaint filed in U.S. District court on Wednesday. Both the New York Fed and the Federal Reserve Board in Washington declined requests for comment. Authorities said the software, owned by the U.S. Treasury Department, cost about $9.5 million to develop. It was not immediately clear if Zhang was in custody. But the ... (full story)

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