Russian hackers breached Dow Jones for trading tips

After a year-long investigation, Bloomberg has reported details on the extent of a data breach, and the motive behind it.

Russian hackers had infiltrated Dow Jones & Co to steal information to trade on before it was made public, and the breach was “far more serious than a lower-grade intrusion” disclosed by the company, Bloomberg reported, citing sources.

The Federal Bureau of Investigation, Secret Service and the Securities and Exchange Commission are leading an investigation, which began at least a year ago, Bloomberg reported. (http://bloom.bg/1LSxcUI)

Dow Jones, the publisher of the Wall Street Journal and a unit of Rupert Murdoch’s News Corp, disclosed last week a breach of its systems that put payment card and contact information of about 3,500 individuals at risk.

Dow Jones had said that there was unauthorized access to its systems at certain times between August 2012 and July 2015.

Full article: Russian hackers breached Dow Jones for trading tips (Christian Science Monitor)

Comments are closed.