Insider traders have new crime partners - hackers
Evidence shows growing collusion that goes far beyond what handful of prosecutions so far suggests
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
INSIDER traders have long shelled out millions in bribes, manipulated friendships and even traded sex for market tips. Now, they've found a new way to get the data they need: employing computer hackers.
Said Slade Griffin, founder of Knoxville, Tennessee-based Cyphoss Security LLC: "With the ubiquity of hackers now, you can find people online who'll do what you want for a pizza. You combine the financial brilliance of someone who's criminally minded with the ease of access to hackers and hacking tools, why wouldn't you do it?"
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