Terminal Snooping At Bloomberg

This is a 2013 story, but I thought it was interesting. Apparently Bloomberg news reporters used a function on the company's data terminals that permitted them to view subscriber information and activity.

More than 315,000 Bloomberg subscribers worldwide use the terminals for instant market news, trading information and communication. Reporters at Bloomberg News, a separate division from the terminal business, were nonetheless told to use the terminals to get an edge in the competitive world of financial journalism where every second counts, according to these people, who spoke on the condition of anonymity because of the company’s strict nondisclosure agreements.

The company acknowledged that at least one reporter had gained access to information on Goldman Sachs after the bank complained to the company last month.

In his editorial, Mr. Winkler [editor in chief of Bloomberg News] apologized for the practices that had taken place in the newsroom for decades. “Our clients are right,” he said. “Our reporters should not have access to any data considered proprietary. I am sorry they did. The error is inexcusable.”

I seem to recall Frank Herbert writing about the idea of network monitoring detection in his excellent 1977 novel The Dosadi Experiment:

The evidence began with a slowed response at her computer terminal. Someone was monitoring. Whoever had taken her bait wanted to make sure she was expendable...

The microsecond delay from the monitoring triggered a disconnect on her telltale circuit, removing the evidence of her preparations before anyone could find it.

Via NYTimes.

Scroll down for more stories in the same category. (Story submitted 7/10/2016)

Follow this kind of news @Technovelgy.

| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |

Would you like to contribute a story tip? It's easy:
Get the URL of the story, and the related sf author, and add it here.

Comment/Join discussion ( 0 )

Related News Stories - (" Computer ")

String Art Courtesy Of Robot Artist
The number of different ways to span a thread between a larger number of hooks is astronomical.

Tetraplegics Dominate Avatar Races
Well, just speaking brain-to-computer...

IBM's Grain Of Sand Computer
'Our ancestors... thought to make the very sand beneath their feet intelligent...' - Stanislaw Lem, 1965.

Can An Entire Brain Be Simulated In A Computer?
'The miles of relays and photocells had given way to the spongy globe of platinum iridium about the size of the human brain.' - Isaac Asimov, 1941.

 

Google
  Web TechNovelgy.com   

Technovelgy (that's tech-novel-gee!) is devoted to the creative science inventions and ideas of sf authors. Look for the Invention Category that interests you, the Glossary, the Invention Timeline, or see what's New.

 

 

 

 

 

Current News

Amazing Kepler Space Telescope Decommissioned By NASA
'Thus it came about that the search for a planetiferous sun... was not unduly prolonged...'

ODYSSEUS Solar-Powered Stratospheric Plane Flies Forever
'The planes flew continuously, twenty-four hours a day...'

Augmented and-or Virtual Reality Shoes From Google
'The auto-treadmill's bumps and gullies matched whatever terrain the goggles showed me...'

Soon, Your Tesla Will Follow You Like A Pet
'... follow him as faithfully as a well-trained hound.'

Chinese Watrix Gait Recognition Watching You Always
'... those pesky gait-recognition cameras.'

FlexPai Foldable Phone By Royole
'...A paper thin polycarbon screen unfurled.'

Oh Yes, We're Building The Rotating Tower In Dubai
'Give me an old-fashioned tetragon on a central pivot every time.'

Bioreactor Helps Legless Frogs Get Their Jump Back
'An alien drug... Used by an insect race... It can repair bones and organs. It can grow new tissue."

Xinhua AI Anchor Puts CGI Face To Automated News
'...a congeries of software agents.'

Wirewax Watching You Watch, Adjusting Your Experience
'He adjusted the n, the r and b knobs, and hopefully anticipated a turn for the better...'

LawGeex AI Beats 20 Top Lawyers
'The Law Society has strict rules on the use of pseudo-intelligent software - terrified of putting... its members out of work.'

ROAM Robotics Skiing Exoskeleton
'The real genius in the design is that you don't have to control the suit; you just wear it...'

MIT Headset Lets You Communicate Without Speaking
'The subvocal read nerve signals, letting her enter words by just beginning to will them...'

Exploring Oceans Across The Solar System
'Black liquid flashed past the turbot’s infrared eyes.'

SWEEPER Robot Peter Piper Picking Peppers
'... little machines, that went from plant to plant, apparently on caterpillar tracks, cutting off the ripe fruit.'

Oil from Algae - Can It Be Done?
'We dump everything that's waste into the tanks, pump the oil off the top.'

More SF in the News Stories

More Beyond Technovelgy science news stories

Home | Glossary | Invention Timeline | Category | New | Contact Us | FAQ | Advertise |
Technovelgy.com - where science meets fiction™

Copyright© Technovelgy LLC; all rights reserved.