TigerDirect Guru Deals

U.S. securities regulators stepped up their battle against hackers Thursday, filing civil charges against four firms that allegedly became unwitting enablers of a complex fraud by a Latvian trader.

In one of the first cases of its kind, the Securities and Exchange Commission took enforcement action against four U.S.-based electronic trading firms used by the trader as well as charging the alleged hacker himself.

Request Intelifi | Background Checks

The SEC said Igors Nagaicevs, 34 years old, combined hacking with stock manipulation to execute a “brazen and systematic securities fraud” that netted him more than $850,000 in illegal profits.

Request Intelifi | Background Checks

Mr. Nagaicevs couldn’t be reached for …

TigerDirect Guru Deals


Category: Major Hacks

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Subscribe

Enter your email to subscribe to future updates

Videos: Hacks & Cracks

A nice display of skill as XerXes whacks the primary Taliban site.  Fun stuff with a good sound track. A cold wind blows for the Islamic Network as XerXes shuts it down with a nice, compact and effective DoS strike.

Categories


 

February 2012
MTWTFSS
« Jan  
 12345
6789101112
13141516171819
20212223242526
272829