Oh dear. I don't have any shares. I seem to be missing out on all the excitement.
If you've bought shares using retail broker Scottrade in the last few years, you may want to get in touch with the biz because its servers have been plundered by hackers unknown. The firm only found out about the data breach when the Feds got in contact to let it know. It now appears that 4.6 million customer accounts have …
"Why did the Feds take 2 years to notice? Did some of them get penny stock spam and found it wasn't legit?"
To be fair to the Feds, there would probably need to be an awful lot of dots to join. In effect they have noticed and solved (?) a crime that wasn't reported and the victim was unaware it even happened. They do, after all, have rather a lot of data to sift through - some of it given willingly.
It would be nice to read about the UK's *ahem* Cyber Crime Unit managing a similar feat sometime. Perhaps they do it routinely but telling the taxpayers about it might be nice.
On security systems, document, document, document. Also make damned sure there's a backup copy of all your emails under your control. Preferably several. It's pretty standard that you won't get the resources needed for the job and that later on management is going to point the finger at security. It's best to be prepared. Sad, ain't it.
[Mine's the one with a stick in each pocket.]
<qoute>The IT staff at Scottrade will be getting a boot up the backside from management, one imagines. </quote>
No, more likely they will get blamed for damagement's shortsightedness, and insistence on maximizing shareholder value.
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