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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?
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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If its true a 15 year old in his bedroom smashed talk talk's already average reputation and drilled its share price ffs.
The share price bounced back after it was discovered a kid did it, rather than some spooky russian gang. 
Like that is reassuring 
Like that is reassuring
"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 ?
Mmmm interesting concept ...hello is that CMC - can I resurect my CFD trading account ?
Its just a guess, but I suspect 'they' would take a very very dim view of such actions.
'They' being the FBI among others
'They' being the FBI among others
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 !!!
15 year old ....cant be named for legal reasons 
. 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
. 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
"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...
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..
Saroa (OK he's not 15) did it from the basement in his parents semi in Hounslow...
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..
Surley it's worse that it was a lone 15 year old and not a well organised gang.
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