Guy outsourced his own job to China...

Discussion in 'Wall St. News' started by Option_Attack, Jan 16, 2013.

  1. If he was trading, instead of watching YouTube, he could be an ETer!

    A software developer at a U.S. company secretly outsourced his job to China so he could spend his work days watching cat videos, browsing Reddit and shopping on eBay, according to Verizon's security team.

    The developer, described as an unassuming man in his 40's who worked for a "critical infrastructure company,", paid a company in Shenyang, China, just fifth of his six-figure salary to do his work while he goofed around on web all day, according to investigators for Verizon, which handled the company's tech operations.

    The story appeared on several tech blogs and news sites Wednesday, including Gizmodo, BBC, London's The Telegraph and Betabeat, which linked to a cached version of Verizon's security blog.

    The unidentified company began investigating last May after noticing someone logged onto their private network from China. The person was using the unidentified office drone's log-in info.

    The programer, meanwhile, identified as "Bob," was at work at the time, "right there, sitting at his desk, staring into his monitor," Verizon inspector Andrew Valentine wrote on the security blog.

    Verizon investigators searched Bob's computer and found hundreds of invoices from a third-party developer in Shenyang, as well as evidence he had sent the company his log-in credentials.

    Investigators also got a peek into Bob's daily web activity.

    He spent most mornings watching cat videos and surfing Reddit. In the afternoons, he browsed for bargains eBay and cruised Facebook before clocking out at 5 p.m.

    "Evidence even suggested he had the same scam going across multiple companies in the area. All told, it looked like he earned several hundred thousand dollars a year, and only had to pay the Chinese consulting firm about fifty grand annually," Valentine wrote.

    He'd been running the scam for at least six months, the blog said. During that time, he received sparkling performance reviews from the company's HR department.

    "Quarter after quarter, his performance review noted him as the best developer in the building," Valentine said.

  2. sumfuka


    Good for him! Too bad somebody found out.
  3. good arb right there... left clear tracks.. if he was smart enough to arb the chinese market .. wtf was he thinking letting them log directly into the server from a Chinese ip.. like thats just ridiculous... whats even worse is how long the guy got away with it un noticed.. . talk about a security issue... shows you how theres money for the taking out there for a good trader...
    the stupidest entity in this is the company.. no security, and as well paying an american worker.. slash middle man for access to talent...
  4. Enterprising individual.

    You buy something pricey, expect good after sales service and then find out it has been outsourced to some cheap call centre service.

    Wonder where he got the idea from.........
  5. I'd hire the chinese programmer (not the chinese company) who did this guys work. I have a trading system to automate.
  6. zdreg


    trying to cut out the middle man?:D

    put in some effort and you can find a foreign programmer.
  7. Daal


    Who was harmed by his behavior
  8. apparently he was lol
  9. zdreg


    irrelevant. he has no right to pass co. info to anyone without co. permission.
  10. Daal


    So the issue has nothing to do with the outsourcing of his own labor
    #10     Jan 17, 2013