Bloomberg snooping: Just looking at data can break the law - CSMonitor.com: " . . . . Such activity could be criminal under the Computer Fraud and Abuse Act (CFAA), even if reporters did nothing with the information, says Nick Akerman, a partner at New York law firm Dorsey & Whitneyand an expert on the protection of competitively sensitive information and computer data. The key question is: “Did they access that [data] without authorization?” . . . In 2010, for instance, Sandra Teague of Iowa was convicted to two years probation under the CFAA for viewing President Obama's student loan records. There was no evidence that she used the data. Employed by a contractor for the US Department of Education at the time, she was found to have exceeded her authorized computer access – a verdict upheld by a federal appeals court in 2011. The Federal Reserve and the Treasury Department are reportedly investigating the Bloomberg breach. . . . Additional embarrassing revelations, however, could force brokers and government officials to find an information provider they know won't spy on them." (read more at link above)
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