Whoa!
Posted on 10/27/2002 4:20:42 PM PST by knighthawk
Intentia, a Swedish IT group, will on Monday file criminal charges against Reuters after the UK news agency published the company's third-quarter results before they were officially announced last week.
The Swedish company has accused Reuters of breaking into its IT systems without authorisation last Thursday, the day it published the figures.
Reuters also published third-quarter figures from three other Nordic companies last week before the results were officially released. They comprised Nordea, the region's biggest bank; Fortum, the Finnish energy group; and Sweco, a small Swedish consultancy.
The disclosures are likely to prompt other groups to tighten their internet security arrangements, as the third-quarter reporting season continues this week.
In another high profile incident last year, Reuters leaked Ericsson's third-quarter figures.
Intentia said an internal investigation had shown there was "unauthorised entry" into its IT systems "via an IP address belonging to Reuters".
"The entry took place at 12.51pm on October 24. At approximately 12.57pm Reuters published the first news flash giving information on Intentia's third-quarter result without prior confirmation from the company. Intentia issued its earnings report ahead of schedule at 1.22pm on the same day," the company said.
Björn Algkvist, chief executive, said Intentia's results had been put on to its server just over an hour before they were due to be announced. It required a 40 character identification code to access the information, he said. "Obviously the way we protected the file was not safe enough," he added.
Reuters rejected the allegations. Jonathan Lynn, Reuters Nordic bureau chief, said: "We are surprised at Intentia's statement. We published Intentia's results after they became available on the internet."
If people want on or off this list, please let me know.
These people will do anything for a buck, all the while accusing Americans of being "materialistic."
Whoa!
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