After the 'Bloomberg Breach', we now have the 'Reuters Reach'. Do these guys understand anything about ethics?!
Well as far as business information providers go, it's 'Here We Go Again!'
After the 'Bloomberg Breach' we have the 'Reuters Reach'!
Today's lead story in the FT reports that Thomson Reuters is under investigation for the practice of 'early releasing' the results of the Thomson Reuters/University of Michigan Surveys of Consumers, produced twice a month under an arrangement in which the company pays the university more than $1m a year. Apprarently, this survey has long been available to subscribers to its data terminals five minutes before the wider market sees the press release. Read More Here...
After the 'Bloomberg Breach' we have the 'Reuters Reach'!
Today's lead story in the FT reports that Thomson Reuters is under investigation for the practice of 'early releasing' the results of the Thomson Reuters/University of Michigan Surveys of Consumers, produced twice a month under an arrangement in which the company pays the university more than $1m a year. Apprarently, this survey has long been available to subscribers to its data terminals five minutes before the wider market sees the press release. Read More Here...
What Can Other Business Information Providers Learn From the 'Bloomberg Breach'? To Secure Usage Data Too...
Business data provider Bloomberg may face an investigation by the Feds after it admits that its news reporters had access to sensitive information about customers' activities on Bloomberg financial data terminals, such as subscribers' contact information and login activity, all of which was used to advance reporting.
Editor-in-chief Matthew Winkler apologised for allowing journalists to use the usage statistics, calling it "inexcusable" and that customer data was protected.
Read More Here...
Editor-in-chief Matthew Winkler apologised for allowing journalists to use the usage statistics, calling it "inexcusable" and that customer data was protected.
Read More Here...
