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dustybin
28 Oct 15 10:29
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Date Joined: 29 Dec 08
| Topic/replies: 32,058 | Blogger: dustybin's blog
Is this the new frontier to short shares on the stock market?
Everytime a company gets even a sniff of having lapse technology the shares plummet.
Whether the powers that be really are concerned about data theft or not, the reality must be now that they absolutely have to take it seriously.

Hackers could make serious returns by destroying companies surely?

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Replies: 10
By:
dustybin
When: 28 Oct 15 10:30
If its true a 15 year old in his bedroom smashed talk talk's already average reputation and drilled its share price ffs.
By:
brendanuk1
When: 28 Oct 15 11:20
The share price bounced back after it was discovered a kid did it, rather than some spooky russian gang. Crazy Like that is reassuring Grin
By:
Rockinron
When: 28 Oct 15 12:56
"Is this the new frontier to short shares on the stock market"
Mmmm interesting concept ...hello is that CMC - can I resurect my CFD trading account ?
By:
dustybin
When: 28 Oct 15 13:52
Its just a guess, but I suspect 'they' would take a very very dim view of such actions.
'They' being the FBI among others
By:
Hound-Dog-2
When: 28 Oct 15 17:14
One of the biggest cyber attacks ever in the UK, affecting over 4 million customers with talktalk.  And it was a 5ft  15yo babyface boy in his bedroom !!!
By:
breadnbutter
When: 28 Oct 15 22:44
15 year old ....cant be named for legal reasons Laugh. Cant be jailed ,will be given 2 hrs detention and a 1000 lines  ,prob sits in class making farting sounds with his hand under his armpit ,will prob come out of it with great prospects and a top job
By:
The Leopard
When: 28 Oct 15 22:49
He's booked in for The One Show tomorrow.
By:
Rockinron
When: 29 Oct 15 10:13
"And it was a 5ft  15yo babyface boy in his bedroom"
Saroa (OK he's not 15) did it from the basement in his parents semi in Hounslow...Laugh
Sarao was arrested last month after the US Department of Justice claimed he had made $40m (£27m) by “spoofing” financial markets, using commercially available trading software to place $200m of false trades from his parents’ home in Hounslow, west London
The Police then freeze/confiscate his earnings ...then ask him to post £5 million bail ???
If he'd been working for Goldman Sachs or J.P. Morgan ...he'd probably be their best trader..Crazy
By:
Money Tree cost me thousands!!
When: 29 Oct 15 11:25
Surley it's worse that it was a lone 15 year old and not a well organised gang.
By:
rose of the shires
When: 29 Oct 15 14:23
will he now get a job at GCHQ?
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