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Big U.S Law firms serving Wall Street hacked & Feds investigating insider trading possibilities.

Accepted submission by edIII at 2016-04-01 22:55:42
Security

Hackers [reuters.com] broke into the computer networks of some big U.S. law firms, including Cravath Swaine & Moore LLP and Weil Gotshal & Manges LLP, the Wall Street Journal reported on Tuesday. Federal investigators are looking to see if confidential information was stolen for insider trading, as these law firms represented Wall Street banks and big companies, the Journal said, citing people familiar with the matter. Other law firms were also targeted, but the probe has not amounted to any clear information on what details have been stolen, the newspaper reported.

While it seems rather unimaginative and simplistic to think it was for theft (thieves always expect other thieves), I'm hoping this means more scandalous corruption will be revealed a couple of orders of magnitude greater than Sony/Snowden. I'm going to be watching Wikileaks and LiveLeaks myself (don't see anything yet, but we can only hope)......


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