Invasion of the Stock hackers

Thursday, 3 November 2005, 8:39 AM EST

An alarmed SEC says that teams of thieves are lifting passwords from home PCs - and emptying online brokerage accounts.

Arriving home from a five-week trip to Belgium and India L. Murty picked up his mail - and got the shock of his life. Two monthly statements from online brokerage E*Trade Financial (ET) showed that securities worth $174,000 had vanished.

At BusinessWeek.

[ Read more ]




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