Feeds

Latvian hacker tweets hard on banking whistle

Fat cat pay leaked all over the Baltics

High performance access to file storage

A hacker has become a popular hero in the Baltics, and scourge to the authorities, by leaking information on the finances of banks and state-run firms to Latvian TV.

The whistle-blowing cracker, who calls himself Neo in an apparent Matrix tribute, is feeding embarrassing information such as the pay of managers who work for a Latvian bank that received a credit crunch bail-out to the media via Twitter.

The information reveals that bankers failed to take promised salary cuts after their banks were forced to take a state hand-out to stay afloat. Other juicy titbits involve undisclosed bonuses to senior staff at supposedly near-destitute state-owned firms.

Senior government officials are reportedly earning 2,000 lats ($4,000) a month or more while the salary of teachers has been slashed by one-third to $600 a month as part of an unpopular austerity package, AP reports.

The chief exec of Riga's heating company, Aris Zigurs, received a 16,000 lat ($32,000) bonus last year, Neo has also revealed.

Neo's stated motive is to expose waste and graft, a mission that has gone down a storm with the public in the economically-troubled country where unemployment is running at 23 per cent. The hacker claims to be part of a previously unknown group called the Fourth Awakening People's Army.

The information reportedly came from tax documents filed with Latvian authorities by 1,000 firms and hacked into by the whistleblower, who may in fact be from Britain, and his confederates over the course of three months, the BBC reports.

The Latvian government are less impressed at the hacker's mischief-making. Local police have been called in to investigate the apparent breach of corporate security by the hacker, described in some quarters as a latter day Robin Hood. ®

High performance access to file storage

More from The Register

next story
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Web data BLEEDOUT: Users to feel the pain as Heartbleed bug revealed
Vendors and ISPs have work to do updating firmware - if it's possible to fix this
OpenSSL Heartbleed: Bloody nose for open-source bleeding hearts
Bloke behind the cockup says not enough people are helping crucial crypto project
One year on: diplomatic fail as Chinese APT gangs get back to work
Mandiant says past 12 months shows Beijing won't call off its hackers
Call of Duty 'fragged using OpenSSL's Heartbleed exploit'
So it begins ... or maybe not, says one analyst
Heartbleed exploit, inoculation, both released
File under 'this is going to hurt you more than it hurts me'
Bad PUPPY: Undead Windows XP deposits fresh scamware on lawn
Installing random interwebs shiz will bork your zombie box
Experian subsidiary faces MEGA-PROBE for 'selling consumer data to fraudster'
US attorneys general roll up sleeves, snap on gloves
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.