Sunday, 14 May 2017

Chinese hackers made $3 million trading on confidential M&A dat...

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"Three Chinese citizens who traded on insider information by hacking into the systems of two New York-based law firms have been fined $8.8 million by the Securities and Exchange Commission… The three defendants gained access to all e-mail accounts at the unidentified firms "

Chinese hackers made $3 million trading on confidential M&A dat...

Well, I’ve said it before and I’ll say it again. Lawyers who use e-mail to exchange confidential data with clients should be censured by their professional bodies. If you want to send important documents to a client, or send an important message, or pass on some information, then use Signal or Telegram or WeChat or for that matter WhatsApp.

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