Wall Street’s New Favorite Way to Swap Secrets Is Against the Rules
- Encrypted messaging apps are raising risk of widespread abuse
- Employees at big banks share gossip, client data and more
Inside Wall Street’s WhatsApp Secret
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Dirty jokes and NSFW GIFs. Snaps of unsuspecting colleagues on the trading floor. Screenshots of confidential client positions.
All that -- and, on occasion, even legally dubious information -- is increasingly being trafficked over the new private lines of Wall Street: encrypted messaging services like WhatsApp and Signal.