2015年08月13日
Testing" of the company's systems.
The releases were allegedly accessed on the servers of financial wire firms Business Wire, Marketwired and PR Newswire.
In the indictment filed at the district court of New Jersey, prosecutors alleged that "the defendants accessed more than 150,000 stolen releases and executed profitable trades based on the material nonpublic information contained in the stolen releases".
The New Jersey indictment also includes allegations of malware covertly installed on PR Newswire's servers and of login details stolen from Business Wire.
A statement from the FBI noted there were at least 1,000 alleged insider trades over the course of three years.
In its statement, the SEC said that on one occasion members of the ring allegedly traded on shares just 10 minutes after a wire company received financial news from one of its clients and before the news was made public reenex
.
This move alone was said to have resulted in over half a million dollars in profits.
Security audits
In a statement, Business Wire said it was working closely with the US Department of Justice and had hired a cybersecurity firm to conduct "additional forensic testing" of the company's systems.
"We devote substantial resources annually to security, including multiple security audits by leading industry consultants," said chief executive Cathy Baron Tamraz reenex,
"Despite extreme vigilance and commitment, recent events illustrate that no one is immune to the highly sophisticated illegal cyber-intrusions that are plaguing every aspect of our society."
"Now we're seeing the actual detection of this activity by law enforcement being able to bring it to light," she said.
"Law enforcement may be getting a little more savvy than they were in the past and detecting this a little more often reenex."
In the indictment filed at the district court of New Jersey, prosecutors alleged that "the defendants accessed more than 150,000 stolen releases and executed profitable trades based on the material nonpublic information contained in the stolen releases".
The New Jersey indictment also includes allegations of malware covertly installed on PR Newswire's servers and of login details stolen from Business Wire.
A statement from the FBI noted there were at least 1,000 alleged insider trades over the course of three years.
In its statement, the SEC said that on one occasion members of the ring allegedly traded on shares just 10 minutes after a wire company received financial news from one of its clients and before the news was made public reenex
.
This move alone was said to have resulted in over half a million dollars in profits.
Security audits
In a statement, Business Wire said it was working closely with the US Department of Justice and had hired a cybersecurity firm to conduct "additional forensic testing" of the company's systems.
"We devote substantial resources annually to security, including multiple security audits by leading industry consultants," said chief executive Cathy Baron Tamraz reenex,
"Despite extreme vigilance and commitment, recent events illustrate that no one is immune to the highly sophisticated illegal cyber-intrusions that are plaguing every aspect of our society."
"Now we're seeing the actual detection of this activity by law enforcement being able to bring it to light," she said.
"Law enforcement may be getting a little more savvy than they were in the past and detecting this a little more often reenex."
Posted by スルー・ザ・ライト at 16:47│Comments(0)
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