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 ")

Kelly Clarkson Show Like Black Mirror '15 Million Merits'
'These people are pieces of software called avatars.' Neal Stephenson, 1992.

Neuralink Will Land A Chip In Your Brain
'What are you talking about? Do you mean a neural lace?' - Iain M. Banks, 2010.

100 Terabyte Exadrive SSD Also Has Biggest Price
'A man could carry AIs or complete planetary dataspheres in a Schrön loop.' - Dan Simmons, 1989.

Google Now Expects Chips To Design Themselves
'What lay down there? Energy, tubes and pipes, wiring, transformers, self-contained machinery...' - Philip K. Dick, 1960.

 

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

Tesla Will Have Metal Gear Snake Autocoupler, Musk Confirms
'Its motion was so swift, complex, and perfect that at first I did not see it as a machine, in spite of its metallic glitter.'

Starlink Satellites Leading Edge On-Orbit Debris Mitigation
Propulsion-assisted orbital decay, brought to you by SpaceX.

Healight Ultraviolet Endotracheal Device Has Covid-19 Treatment Potential
'He applied the tip of the instrument to the interior of the wound...'

Parents Use AI To See One Last Message From Their Deceased Son
'...what's to keep me from showing face, Man?'

Satoshi Tomizu Creates Pocket Universes And Worldcraft Bubbles In Glass
'The Worldcraft bubble glittered, catching the light...'

Space Hero Inc. Offers Trip To ISS As Reality Show Prize
'This is Elmer Schmitz, presenting to you the finalists in our Aviation Quiz Program...'

I Love Ceiling-Mounted Robots
'Immediately an enormous apparatus fell on to her out of the ceiling...'

Armano Remote Control Excavator
'The bulldozer moved through the... mine... '

OK, NASA 3D Printer Of Food Not Yet Star Trek Food Synthesizer
Maybe not, but we're seeing definite progress.

Kelly Clarkson Show Like Black Mirror '15 Million Merits'
'These people are pieces of software called avatars.'

Salto Jumping Robot Now Sticks Landing!
'Lucky touched the leap knob and the hopper's leg retracted.'

Gyroscopic Median-Straddling Mass Transit Vehicles
'It was among these leviathans that the little gyrocar was daring to thrust its puny self...'

Bigrating Laser Beam-Riding Light Sail Is Self-Correcting
'That sail will be twenty thousand miles at the wide part.'

ISS Astronauts Test Estee Lauder 'Advanced Night Repair' Skin Serum
'Out in the New Moon, just ask for what you want...'

LG Wing Twisting Smartphone Might Be Fun
'A polycarbon screen unfurled...'

Mushroom Coffin Returns You To Nature, Naturally
'She touched the leaf. She was wanted.'

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.