Three Chinese Hackers Fined $9 Million for Stealing Trade Secrets


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 multi-million


Source: TheHackersNews Three Chinese Hackers Fined Million for Stealing Trade Secrets