Nsauditor Network Security Auditor - Advanced All-In-One Network Tools Suite!
  Recommended Product
Network Security Audit Software
Network Security Audit Software and Computer Security Tools
Download Learn More
Nsauditor Screencast
  Network Security Software
Network Bandwidth Monitor Network Bandwidth Monitor
NBMonitor tracks Internet bandwidth usage (upload and downloads) and shows process names initiated network connections...
Network Hardware Inventory Software Network Hardware Inventory Software
Nsasoft Hardware Software Inventory is a powerful network inventory software for home, office and enterprise networks...
BlueAuditor Monitors Mobile Devices in Wireless Network BlueAuditor Monitors Mobile Devices in Wireless Network
BlueAuditor is a wireless personal area network auditor and easy-to-use program for detecting and monitoring mobile devices in a wireless network...
Network Access Monitoring Network Access Monitoring
ShareAlarmPro allows easily perform network shares and folder monitoring, block unwanted users attempting to access secured shares...
Network Shares Monitoring Network Share Watcher
Monitors network folders permissions and identify shares which are violating company data access policy...
NetworkSleuth Network File Search Utili NetworkSleuth Network File Search Utiliy
NetworkSleuth is a network file searching utility, that allows you to quickly locate files across a network....
Product Key Finder Product Key Finder
Product Key Explorer enables you to quickly recover over 3000 popular software product keys from network computers...
Backup Key Recovery Crashed Drive Keys Recovery Backup Key Recovery Crashed Drive Keys Recovery
Backup Key Recovery retrieves product keys for Windows, MS Office, SQL Server, Adobe products and more than 2500 popular software products...

Network Security News

FBI busts programmer for stealing US Treasury code

Jan 20, 2012 | ITNews.com

The FBI said it arrested a computer programmer in New York this week and charged him with stealing proprietary software code from the Federal Reserve Bank of New York. The software known as the Government-Wide Accounting and Reporting Program (GWA) handles all manner of U.S. government financial transactions.

From the FBI: "As alleged in the complaint, between May 2011 and August 11, 2011, Bo Zhang was a contract employee assigned to the Federal Reserve Board of New York (FRBNY) to work on further developing a specific portion of the GWA's source code which the United States has spent approximately $9.5 million to develop. In the summer of 2011, Zhang allegedly stole the GWA Code.

"According to the complaint, Zhang admitted that in July 2011, while working at the FRBNY, he checked out and copied the GWA Code onto his hard drive at the FRBNY; he subsequently copied the GWA Code onto a bank-owned external hard drive; and he connected that external hard-drive to his private office computer, his home computer, and his laptop. Zhang stated that he used the GWA Code in connection with a private business he ran training individuals in computer programming."

"Zhang took advantage of the access that came with his trusted position to steal highly sensitive proprietary software. His intentions with regard to that software are immaterial. Stealing it and copying it threatened the security of vitally important source code," said FBI Assistant Director in Charge Janice Fedarcyk in a statement.

Now free on bond but due back in court in February, Zhang, 32, of Queens, New York, faces a maximum term of 10 years in prison and a $250,000 fine if guilty.

While the FBI didn't identify which company Zhang currently worked for, Bloomberg.com reported he in the past had worked for at Goldman Sachs Group Inc. (GS) and Bank of America Corp.

Bloomberg.com also said Matt Anderson, a Treasury spokesman, said the department has worked to strengthen security procedures for Federal Reserve contractors working on Financial Management Service projects. "There was no compromise of any transaction data, personal identifying information or federal funds," Anderson said.

View more news...

  Most Popular Articles
  Email Subscriptions
Enter Your Email to be Notified of Software Updates:

  Popular Searches
network security magazine network security auditor network security news network security software corporate network security network security systems home network security product key finder password recovery software Network Bandwidth Monitor Network Access Monitoring data access policy monitoring remote shutdown Network File Search key recovery Network Monitoring Computer Security Ethical Hacking Network Security Network Inventory Software Information Security
  Partner Sites
Network Security Auditor
Nsauditor is a complete networking utilities package that includes more than 45 network tools and utilities for network auditing, scanning,network connections monitoring and more. For more information, please visit:

Password Recovery Software
SpotAuditor is All-in-one password recovery program that offers administrators and users a comprehensive solution for recovering passwords and other critical business information saved in users' computers. For more information, please visit:

Product Key Explorer
Product Key Explorer quickly recovers and displays product key, including Windows 7 keys, Windows Vista key, Windows XP product key, Microsoft Office 7 product key, MS office 2010 key, Adobe Photoshop, Adobe CS5, CS4, CS3, SQL Server, Electronic Arts games and more than 3000 popular software products: