October 29, 2002
Hacking the Information Economy
The Register reports on Reuters allegedly hacking some Swedish companies to access unpublished, confidential financial results.
In the Information Economy, knowledge can mean money, and information like the results Reuters allegedly picked up from those companies in financial trouble can give shady investors an edge in selling off their shares before investors relying on legal information channels knows what's about to hit them... If obtained by employees of the company or their associates it would be Insider Trading. What if it's obtained by a legitimate news provider hacking...?
Are we seeing step one of a commercializing and acceptance of business intelligence going further? (industrial espionage has always been around, but this is new...)
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: Hacking the Information Economy 2 (October 31, 2002 11:44 AM)
"''Both Intentia and Reuters agree the Reuters reporter obtained Intentia's financial statement directly from Intentia's website.'' Here is how.."
Das E-Business Weblog: Security by Obscurity (December 6, 2002 01:50 AM)
"Der Nachrichtenagentur Reuters wurde vorgeworfen, einige schwedische Unternehmen "gehackt" zu haben um so vorzeitig an Informationen zu gelangen. Nun aber kam heraus, dass sich alle Beteiligten einig sind, dass Reuters die Informationen direkt von der ..."
Das E-Business Weblog: Security by Obscurity (August 14, 2003 07:20 PM)
"Der Nachrichtenagentur Reuters wurde vorgeworfen, einige schwedische Unternehmen "gehackt" zu haben um so vorzeitig an Informationen zu gelangen. Nun aber kam heraus, dass sich alle Beteiligten einig sind, dass Reuters die Informationen direkt von der ..."
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