Report: Russian hackers stole info from Dow Jones to make trades

[Little Tich]

Source: USA Today

SAN FRANCISCO — Russian hackers penetrated servers at Dow Jones & Co. to steal information to make trades, Bloomberg reported Friday.

The FBI and Securities and Exchange Commission are investigating the infiltration, the news organization reported.

In a statement, Dow Jones & Co. said that since Bloomberg published its article, "we have worked hard to establish whether the allegations it contains are correct. To date, we have been unable to find evidence of any such investigation."

Earlier this month Rupert Murdoch's News Corp. acknowledged that several of its publications, including The Wall Street Journal and Barron's, had found evidence of hacks into their systems dating back to 2012.

Read more: http://www.usatoday.com/story/tech/2015/10/16/report-russian-hackers-stole-info-dow-jones-make-trades/74080842/

[Earth_First]

1. JP Morgan, Goldman, et al. do that every day...

Oh, right!

[JDPriestly]

2. "dating back to 2012"

This is funny. Here we have the NSA spying on Angela Merkel way back in 2012, and they don't catch the Russians' hacking into the Dow Jones & Co.

That is to me just downright funny. Don't ask me why that is my reaction. It just is.

What a ship of fools.

[ctsnowman]

5. Exactly!

We spend billions and we get grannies secret recipe for oatmeal cookies.

[C Moon]

3. Oh. I thought that said Don Jones, a guy a worked with at Forest Lawn.

Sorry. I'm bored.
That is very scary stuff, though.

[delrem]

4. AAAAUUUUKKKK! I thought it was Chinese hackers!

I totally forgot that it was the NSA!

AAAAAUUUUGHHT...ghhfffzzzlpont

[CJCRANE]

6. Russian hackers stole my homework.

In a statement, Dow Jones & Co. said that since Bloomberg published its article, "we have worked hard to establish whether the allegations it contains are correct. To date, we have been unable to find evidence of any such investigation."

[GreatGazoo]

7. "find evidence of any such investigation." -- so they can't find their own investigation (?)

Word parsing those 2 sentences it almost seems like they are being verbose and sloppy with language to tell a non-lie lie.

"we have worked hard to establish" -- why not say 'we have investigated' ?

"whether the allegations it contains are correct" -- 6 more extra words, filling space, sounding formal, then the kicker...

"To date, we have been unable to find evidence of any such investigation." -- WTF? Did they mean to say something like "breach" or "intrusion." It would be easy to think so but the prior sentence works so hard not to say "investigated". Curious.

[CJCRANE]

9. I think Dow Jones is basically saying that Bloomberg made the story up. nt

[magical thyme]

8. oh, thank goodness! now we finally know who has been rigging Wall Street!

here we thought it was Blankfein and Dimon. All along it was those evil Russian hackers! Silly us...

[yourout]

10. So the Russians stole insider trading info and beat other insider traders to the punch.

Seems ironic to me.

[uawchild]

11. Capitalism! What a country!

lol. Sorry, pardon my amusement.

[vinny9698]

12. A lot of hacking jobs are not reported because firms area afraid of losing customers.

Customers might think that there money is not safe, so they transfer their money out.
If investors believe that hackers are gaming the system then they might not be keen to buy and sell stock.
But insider trading is rampant, they just don't want to let the average investor know.

[Stevepol]

13. Maybe the Russians can do something good for society and average people with the money.

That would be a big change from what the Wall Street oligarchs have been doing with it.