Security News > 2017 > May > Three Chinese Hackers Fined $9 Million for Hacking Law Firms to Steal Trade Secrets (The Hackers News)

Hackers won't be spared. Three Chinese hackers have been ordered to pay $8.8 million (£6.8 million) after hacking email servers of two major New York-based law firms to steal corporate merger plans in December 2016 and used them to trade stocks. The U.S. District Judge Valerie Caproni in Manhattan sued 26-year-old Iat Hong, 30-year-old Bo Zheng, and 50-year-old Hung Chin, over a

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http://feedproxy.google.com/~r/TheHackersNews/~3/4Qela_X5S4E/chinese-hacker-trade-secrets.html