HP3000-L Archives

October 2003, Week 2

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Tom Brandt <[log in to unmask]>
Reply To:
Tom Brandt <[log in to unmask]>
Date:
Fri, 10 Oct 2003 13:39:26 -0400
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At 12:32 PM 10/10/2003 -0500, Alan Yeo wrote:
> >A college student was arrested yesterday on charges of hacking into
> >someone else's online brokerage account and sticking him with an
> >investment loss of more than $40,000 after the student obtained
> >password information with surreptitiously installed software that
> >recorded the investor's computer keystrokes.
> ><end snip>
> >
> >Full article:
> >http://www.washingtonpost.com/wp-dyn/articles/A6081-2003Oct9.html
> >
>
>I wonder if the investor would have reported the problem if the hackers
>investments on his behalf had been profitable?, and if he had, who would
>the profits belong to as they no doubt would be regarded as the proceeds
>of a crime.


The student hacked into the investor's account after his (the student's)
investments tanked in order to dump his losses. Had the student's
investments been profitable, he would not have done what he did.
--
Tom Brandt
Northtech Systems, Inc.
130 S. 1st Street, Suite 220
Ann Arbor, MI 48104-1343
http://www.northtech.com/

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