Friday, July 13, 2018

Hackers Selling Access to Law Firm Secrets

...a cybersecurity firm that specializes in monitoring the dark web, showed CNBC a forum post in Russian where the cybercriminal was offering access to a New York City law firm’s network and files, and was willing to send screenshots as evidence he had broken in.

The price for the access was $3,500...

“If you're a law firm that's involved in major transactions, [mergers & acquisitions] of publicly traded companies, you're going to have a lot of sensitive information, inside information before it becomes publicly available,” Dominitz said. “If I'm able to access that, I can trade around that and manipulate stocks and make a lot of money. more

Note: Hacking is only one method used to collect inside information. Close and lock the IT door, but don't leave your other doors and windows open. Engage the services of a Technical Information Security Consultant who also has TSCM expertise.