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 ")

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.

Illustris: The Next Generation Of Universe Simulation
'This digital device was ... A machine able literally to contain the Universe Itself...' - Stanislaw Lem, 1965.

 

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

Ontario Starts Guaranteed Minimum Income
'Earned by just being born.'

Is There Life In Outer Space? Will We Recognize It?
'The antennae of the Life Detector atop the OP swept back and forth...'

Space Traumapod For Surgery In Spacecraft
' It was a ... coffin, form-fitted to Nessus himself...'

Tesla Augmented Reality Hypercard
'The hypercard is an avatar of sorts.'

A Space Ship On My Back
''Darn clever, these suits,' he murmured.'

Biomind AI Doctor Mops Floor With Human Doctors
'My aim was just not to lose by too much.' - Human Physician participant.

Fuli Bad Dog Robot Is 'Auspicious Raccoon Dog' Bot
Bad dog, Fuli. Bad dog.

Las Vegas Humans Ready To Strike Over Robots
'A worker replaced by a nubot... had to be compensated.'

You'll Regrow That Limb, One Day
'... forcing the energy transfer which allowed him to regrow his lost fingers.'

Elon Musk Seeks To Create 1941 Heinlein Speedster
'The car surged and lifted, clearing its top by a negligible margin.'

Somnox Sleep Robot - Your Sleepytime Cuddlebot
Science fiction authors are serious about sleep, too.

Real-Life Macau or Ghost In The Shell
Art imitates life imitates art.

Has Climate Change Already Been Solved By Aliens?
'I had explained," said Nessus, "that our civilisation was dying in its own waste heat.'

First 3D Printed Human Corneas From Stem Cells
Just what we need! Lots of spare parts.

VirtualHome: Teaching Robots To Do Chores Around The House
'Just what did I want Flexible Frank to do? - any work a human being does around a house.'

Messaging Extraterrestrial Intelligence (METI) Workshop
SF writers have thought about this since the 19th century.

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.