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Trial Date Set For Traders Accused Of $100 Million Hacking Scheme


From: InfoSec News <alerts () infosecnews org>
Date: Fri, 4 Sep 2015 09:16:56 +0000 (UTC)

http://www.marketwatch.com/story/trial-date-set-for-traders-accused-of-100-million-hacking-scheme-2015-09-03-9461837

By Wayne Duggan
Marketwatch.com
Sept 3, 2015

Arkadiy Dubovoy, a man who is accused of hiring hackers to infiltrate the databases of news networks to gain inside information prior to the public release of documents pleaded not guilty on Wednesday, and a judge set his trial date for November 4. The Russian trader’s son Igor has also been charged in the case.

The Story

Dubovoy is one of 32 traders that are accused of being involved in a massive hacking scheme that took place over a five-year period and involved more than 150,000 documents. The traders allegedly gave hackers “shopping lists” of documents that they wished to acquire prior to their public release. The reported victims of the scheme include news sites PR Newswire, Marketwired and Berkshire Hathaway Inc BRK.A, +0.15% BRK.B, -0.05% ’s Business Wire.

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