Hired-gun hacking played key role in JPMorgan, Fidelity breaches

NEW YORK/SAN FRANCISCO (Reuters) – When U.S. prosecutors this week charged two Israelis and an American fugitive with raking in hundreds of millions of dollars in one of the largest and most complex cases of cyber fraud ever exposed, they also provided an unusual look into the burgeoning industry of criminal hackers for hire. The trio, who are accused of orchestrating massive computer breaches at JPMorgan Chase & Co and other financial firms, as well as a series of other major offences, did little if any hacking themselves, the federal indictments and a previous civil case brought by the U.S.

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With ads, FINRA hopes BrokerCheck becomes go-to site, like Yelp

With a new ad campaign, the Financial Industry Regulatory Authority hopes its BrokerCheck website will become a customer’s first stop, like Yelp for diners or Angie’s List for home owners, before they invest with a financial adviser. The Wall Street watchdog, known as FINRA, launched the campaign Monday with 15-second commercials depicting people making big decisions without doing their homework, in a bid to promote its years-old website that provides free information about brokers’ employment history, credentials and customer complaints.

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Google shares rise after online ad sales drive revenue higher

Google Inc reported higher quarterly revenue and profit as rising online ad volume offset a hit from the strong dollar, sending the Internet company's shares higher in after-hours trading. While revenue and profit missed the forecasts of Wall Street analysts, many investors had been bracing for a weaker report, said BGC Financial analyst Colin Gillis. The company has faced challenges in mobile advertising and is running up more expenses as it invests in new businesses.

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Chinese military denies role in reported U.S. hacking

China's Defense Ministry on Friday denied that it had anything to do with a cyber attack on Register.com, a unit of Web.com, following a report in the Financial Times that the FBI was looking into the Chinese military's involvement. “The relevant criticism that China's military participated in Internet hacking is to play the same old tune, and is totally baseless,” the ministry said in a fax to Reuters in response to a question about the story. It is not clear what the Chinese military would be looking for or what it would gain from Register.com's data

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