define value...?

a couple different sites picked this up... grossman has a blurb, but i think tao really hits it on the head.

i kinda want to share this w/ a previous employer, b/c it is what they need to hear. they'd always say "we don't have cash, so there isn't a security risk"... i tried to tell them, "you have over 1000 hosts w/ nearly 100 megs of bandwidth... that is valuable to some people even if it isn't valuable to you. there are a lot of other things they have which could be valuable. as the saying goes, one mans trash is another mans treasure.

so basically, this guy does some hacking, and finds out some private negative financial news about a corp. i kinda assume he wasn't searching for info like that, but who knows. he then goes out and sells the stock short, and picks up 250 grand after the company makes the info public and the stocks tank. they've identified the hacker, who makes approx 40k per year. not a bad haul.

the funniest part is that apparently due to securities law retardedness, insider trading is only when you legally know things and use it to trade. if you steal secrets and trade on them, insider trading doesn't apply. i wonder if they'll get the guy on hacking charges or not...

an ironic hack...