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 ")

Razer Project Valerie Laptop Unfurls
'A paper thin polycarbon screen unfurled silently...' - William Gibson, 1986.

Google Home Continues Implementation Of Pohl's Joymaker
'It is a transponder connecting you with the central computing facilities of the city in which you reside on a shared-time, self-programming basis.' - Frederik Pohl, 1966.

New Startup 'Improbable' To Model Our World
'A machine able literally to contain the Universe Itself...' - Stanislaw Lem, 1965.

Tricking Cells Into Making Silicon Chips
'Fabricated by genetically engineered metal affinity bacteria...' - Marvel, 1984.

 

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

Matrix Sentinel Ancestor, The Pipe Inspector Robot From Krakow
Watch out, Keanu!

Auto-Focus Smart Glasses Have Liquid Lenses
'Hufhuf oil held in static tension by an enclosing force field within a viewing tube...'

Robotic Physician Assistant Has Steady 'Hands'
'You turned the screws below and the prongs moved... with caliper slowness, minuteness and precision.'

Roboy 3DPrinted Humanoid Robot
'A robot child that would be reared within the bosom of a human family...'

Robird Flapping Wing Drones Keep Airports Safe
'Mitch heard a rasping, flacketing buzz, like a big insect...'

3D Printed Fashion - Plastirobes And Transdresses
'... dial a new fashion every day!'

Robotic Lawn Mower Powered By Sun, Arduino
'The mower reached the edge of the lawn, clucked to itself like a contented hen...'

Google Perfects 'Blade Runner-style' Photo Details
'Pull back... stop... enhance 57-19...'

Pokerbot Libratus Learns To Lie (Bluff)
'Lying's a vital part of your psychological defense system - you're naked without it!'

Otto Autonomous Robot Trucks Run Into... Legal Snag
'They were automatic trucks such as are used for making deliveries...'

Tiny Drones With Sticky Feet Pollinate Flowers Now
'The Scarab rubbed its hind legs together...'

ThreeForm 3D Scans And Digitally Simulates Customer Fashion
'...A miracle of misapplied engineering caused his own face to appear on the illustrated figures dressed in trooper red.'

CloudFisher - Moroccan Fog Farmers Harvest Moisture From The Air
'That moisture trickles down...'

Piaggio Gita Personal Robot Porter
'Carry his bag... and follow him faithfully...'

Ardu McDuino, Bagpipe Robot
'Rollo sat at the keyboard, prim, inhuman, rigid, twin lenses focused...'

Not Quite Self-Replicating Robots, Franka Emika
'... it shares with mankind the ability to propagate.'

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.