Russian hackers had infiltrated Dow Jones & Co to steal information to trade on before it was made public, and the breach was “far more serious than a lower-grade intrusion” disclosed by the company, Bloomberg reported, citing sources.
The Federal Bureau of Investigation, Secret Service and the Securities and Exchange Commission are leading an investigation, which began at least a year ago, Bloomberg reported.
“Since Bloomberg published its article, we have worked hard to establish whether the allegations it contains are correct. To date, we have been unable to find evidence of any such investigation”, Dow Jones spokeswoman Colleen Schwartz said in an email.
Dow Jones, the publisher of the Wall Street Journal and a unit of Rupert Murdoch’s News Corp, disclosed last week a breach of its systems that put payment card and contact information of about 3,500 individuals at risk.
Dow Jones had said that there was unauthorized access to its systems at certain times between August 2012 and July 2015.
“We are aware of the Dow Jones intrusion and looking into it,” FBI spokeswoman Kelly Langmesser said via email.
Langmesser added that she could not confirm anything else in the Bloomberg report.
The hackers sought information including stories being prepared for publication, Bloomberg said on Friday, citing two people familiar with the investigation.
The Secret Service could not be immediately reached for comment on the Bloomberg report. The SEC declined to comment.
(Reporting by Supantha Mukherjee, Jessica Toonkel and Joseph Menn; Editing by Savio D’Souza, Sriraj Kalluvila and Michael Perry)
A veteran teacher explains why Trump is incapable of learning
While dyslexia has been mentioned now and then as one of the reasons Donald Trump is so ignorant of what it takes to govern in a free society, I want to explore it as foundational to his inability to learn and grow while in office—and also as a way to link disparate troubling elements in his makeup.
White House pulls new FEMA nominee for barroom brawl — but not for his boss’ bribery
MSNBC host Rachel Maddow began her Wednesday show detailing that Jeff Byard, President Donald Trump's nominee to lead FEMA, has withdrawn his name from nomination because of an "altercation" previously reported.
Already Trump's FEMA is having problems because of the lead FEMA officials being named in serious bribery scandals. Byard's boss, in particular, is under a 10-count indictment. To make matters worse, a former deputy is also under indictment, but for a completely different case involving a 2013 Navy scandal.
"Any mystery around that part of the guy’s past would have been cleared up this past year in August when he was indicted by a federal grand jury for his alleged involvement in that Navy bribery scheme," Maddow reported. "He was arrested thereafter."
Right-wing activists call on Mitch McConnell to stop blocking election security bills
On Wednesday, CNN reported that Senate Majority Leader Mitch McConnell is facing renewed pressure to take up election security legislation, from a pair of unlikely sources: Americans for Tax Reform President Grover Norquist, and FreedomWorks President Adam Brandon.
Norquist — who once famously said that he wanted to slash government to a size where he could "drown it in a bathtub" — called for hand-marked paper ballots, and urged Congress to pass something similar to the bipartisan Secure Elections Act, which would have given states incentives to switch to secure voting methods and promoted data-sharing to identify threats. The measure was first introduced in 2017 by Sens. Kamala Harris (D-CA), Amy Klobuchar (D-MN), James Lankford (D-OK), and Lindsey Graham (R-SC), but never came to a vote.