Russian Hackers of Dow Jones Said to Have Sought Trading Tips (UPDATED with Denial from Dow Jones)
Update: Dow Jones is totally denying the story. The Register reports Dow Jones issued the following statement:
“To the best of our knowledge, we have received no information from the authorities about any such alleged matter, and we are looking into whether there is any truth whatsoever to this report by a competitor news organization,” said Colleen Schwartz, VP of communications at Dow Jones.
Michael Riley, Jordan Robertson, and Keri Geiger report:
A group of Russian hackers infiltrated the servers of Dow Jones & Co., owner of the Wall Street Journal and several other news publications, and stole information to trade on before it became public, according to four people familiar with the matter.
The Federal Bureau of Investigation, Secret Service and the Securities and Exchange Commission are leading an investigation of the infiltration, according to the people. The probe began at least a year ago, one of them said.
The breach is described by the people as far more serious than a lower-grade intrusion disclosed a week ago by Dow Jones, a unit of Rupert Murdoch’s News Corp.
Read more on Bloomberg.