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Dow Jones servers breached by Russian ring
According to sources close to the case, the Russian hackers who hacked into the Dow Jones servers stole more than the Dow Jones Company had originally admitted.
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The Secret Service couldn’t be instantly reached for touch upon the Bloomberg report. Whether the two hacks are related to each other is not known.
Dow Jones, which publishes The Wall Street Journal, may have been hacked. “We are looking into whether there is any truth whatsoever to this report by a competitor news organization”.
However, Dow Jones has been quick to disprove the reported hacking.
Earlier this year, USA authorities accused several individuals of hacking into the servers of news wire companies over a five-year period.
Dow Jones also said there was unauthorized access to its systems at certain times between August 2012 and July 2015. Inc, stealing information to trade on before it was released to the public, according to reports.
The breach was discovered when the company hired cybersecurity investigators to examine whether payment details on 3,500 customers had been compromised.
People with knowledge of the matter say that the breach is much more serious than what Dow Jones, disclosed one week ago as a lower-grade intrusion. “More than 4,000 sources make information available via Factiva on or before the date of publication by the source”, according to the report.
Officials briefed the White House administration on the current investigation and the SEC and FBI have spent a number of months attempting to determine how the hackers were able to profit from what had been stolen, through consulting with market and financial experts amongst others.
The Securities and Exchange Commission did not respond to a request for comment.
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The FBI is investigating whether Russian hackers breached Dow Jones & Co.in an attempt to steal stock market information that could help them predict changes in USA markets, Bloomberg News reported.