Have Press Release, Will Travel: The Hack
via Isobel Koshiw, in a tremendous write-up at Le Verge, comes this story of purloined Communiqué de Presse, machinations thereof, and the subsequent abscondment of ill-gotten gains generated by a simple securities fraud scheme. All leading to a trail of nearly One Hundred Million Simoleons!
"Over a period of at least five years, three US newswires were hacked using a variety of methods from SQL injections and phishing emails to data-stealing malware and illicitly acquired login credentials. Traders who were active on US stock exchanges drew up shopping lists of company press releases and told the hackers when to expect them to hit the newswires. The hackers would then upload the stolen press releases to foreign servers for the traders to access in exchange for 40 percent of their profits, paid to various offshore bank accounts." - via Isobel Koshiw writing at The Verge