Cybersecurity
Insider Trading Hacks Prompt Rethinking of Release System
U.S. Exposes Insider Trading Ring Based on PR Hack
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More than 100,000 press releases were stolen over five years from the computers of three wire services that have long served as trusted intermediaries between corporations and shareholders, U.S. authorities revealed Tuesday.
The repeated breaches are bound to provoke a rethinking of how corporate news is distributed, both by the services themselves and the companies that rely on them.