Russian hackers reportedly stole inventory buying and selling information from Dow Jones

Russian hackers reportedly stole stock trading info from Dow Jones

Final week, Dow Jones (proprietor of The Wall Road Journal amongst different issues) stated that its buyer database was hacked — nevertheless it’s attainable the corporate has been contending with a a lot greater knowledge breach for a very long time now. In accordance with Bloomberg, the FBI, Secret Service, and SEC have all been investigating a theft of knowledge from Dow Jones by Russian hackers who needed to entry insider buying and selling info. There is a little bit of a twist to the story, nevertheless: Dow Jones is strongly denying the Bloomberg report.

In a press release, Dow Jones says: “to the most effective of our information, we’ve got acquired no info from the authorities about any such alleged matter, and we’re wanting into whether or not there’s any fact in any respect to this report by a competitor information group.” Regardless of that robust denial (and shade thrown at Bloomberg’s reporting), CNBC acquired affirmation from the FBI’s New York workplace that it was certainly conscious of the hack and investigating it.

For months, the FBI and SEC have been making an attempt to find out precisely what kind of knowledge was accessed and the way the hackers might have profited from the breach. A few of Bloomberg’s sources claimed that the hackers have been capable of view information tales not but launched for publication, a few of which might have offered info and information about corporations that hadn’t been launched to the general public. And this is not the primary hack centered round discovering insider information: earlier this yr, Ukrainian hackers infiltrated servers from PR corporations like PR Newswire and Businesswire for 5 years to entry unreleased press releases from main firms.

[Image credit: AP/Mary Altaffer]

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