Cravath, Weil, Other BigLaw Firms Hacked

Law360, Los Angeles (March 29, 2016, 10:59 PM EDT) -- The computer networks of Cravath Swaine & Moore LLP, Weil Gotshal & Manges LLP and other major law firms were penetrated by unknown hackers possibly looking to profit from confidential or insider information for publicly traded companies, according to a Tuesday news report.

The FBI and federal prosecutors with the Southern District of New York have opened an investigation to determine if any confidential information was stolen by hackers and used for insider trading, according to the Wall Street Journal, which cited anonymous sources. The report said other prominent firms had their networks breached and that hackers are threatening further attacks....

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