Hacked: Hacking Finance

Hacked: Hacking Finance


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Cybersecurity

Hacker Pleads Guilty for Breaching PR Newswires

Posted on May 17th, 2016.

 A Ukrainian hacker who played a major role in a $100 million insider-trading and newswire hacking scheme has plead guilty to stealing unpublished news release. The fraud scheme, as the U.S. Justice Department puts it, is the “largest known computer hacking and securities fraud” ever. Vadym Iermolovych, 28, has plead guilty to working...

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Business

Apple Asks Judge To Reject Government Order To Help Unlock iPhone

Posted on April 18th, 2016.

Apple Inc. has asked a federal judge to reject the U.S. Justice Department’s recent order to require it to help unlock an iPhone used in a New York drug case, according to Nasdaq. Apple is also trying to get the government to provide information about its phone hacking activities. Apple has been fighting the Justice Department on the...

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Breaches

U.S. Senators Seek Answers From Feds On Ransomware Attacks Against Government Agencies

Posted on December 6th, 2015.

The Homeland Security and Government Affairs Committee, U.S. Senate committee, has sent letters to the Justice Department and the Department Homeland Security (DHS) asking about the ransomware threat to the public and if any government agencies have paid ransoms to remove ransomware, according to nextgov.com. There have been incidents of...