(WSJ) FBI Finds Holes in System Protecting Economic Data

The Federal Bureau of Investigation has discovered vulnerabilities in the government’s system for preventing market-moving economic reports from leaking to traders before public release.

Law-enforcement officials found “a number of operational vulnerabilities” involving “black boxes” used by several departments to control the release of sensitive economic data such as the monthly unemployment rate, according to a report by the inspector general at the Commerce Department.

The report said it was possible to subvert the system, which was designed to prevent media companies from sending economic data to traders early.

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