How to bankrupt a corporate wart!~

quite an interesting story in today's news about a girl who posted a fake media release from gas company 'Metgasco'.


She wrote a fake ''official release'' stating the company would:
1. cease its gas operations in the Northern Rivers region' (a high point of protest at the moment)
2. plan for a solar thermal plant near Casino

pretty smart, the media bought it and Metgasco's stock prices plummeted around $300 million!

She was obviously found out, because she sent it from her schools email account (and it was covered in typo's)... and is right now probably going to face criminal charges.

www.smh.com.au...

it got me thinking.. if you were a hacker (ANON PLZ READ LOLZ) and you were very experienced in spamming a sites IP until it goes off line.. why don't you do the opposite... post media releases on their websites, then back it up with indirectly sent emails to media organizations advising of its authenticity all the while hacking their exchange and ensuring all replies are rerouted.. to you!

You could bankrupt a company in a day!

reply to post by Agit8dChop


Awesome and LMAO!

Now to the serious side of things ...

These companies are not sacred cows and deserve no protection in a free market economy and they do live or die based upon speculation of shareholder investors!

This shows that regardless of how well they perform business wise they are really propped up by public sentiments!

This young lady showed that public sentiment is fickle and can be easily lead by a mere joke being misconstrued by the shareholders WHO should have been more careful in speculating wildly as they did.

Theoretically, if there is freedom of speech [it is NOT a right in Australia] then she could say whatever she wanted to [including lying boldly] and the burden of proving those claims rest with those who take that information and use it as financial advice.

Seems the shareholders got it wrong in this case and she should not be punished for their failings.

I hope she comes out of this episode unscathed by it all.

a dos attack is an easy thing to do, not requiring much skills other than organising the attack to make it effective.

hacking website content is way more tricky. Add to that you want to keep the legitimate editors out of the system so the fake content last... until intervention at server level. If you're aiming at a big player & have kept your spank online an hour, you can consider it a miracle so your plan sound good but is impossible to coordinate (unfortunately) as by the time most of your press recipient read the release the damage will have been fixed

For the company in question.

very brave and very stupid at the same time.

she probably didn't expect that outcome.

also, many of you forget that real people work for the "evil companies" and that real people are shareholders and that in the end the real people will get to carry the burden of things like this.

there must be better way to "hurt a corporation".

reply to post by Agit8dChop


It is one thing sending out a fake press release, it is quite another hacking a website and engaging in a significant disinformation campaign. Under the global terms of net neutrality such an act could be considered as an act of war.

If you have issues with a specific company or organization I suggest you find other means to address your grievances.

reply to post by kwakakev


yeah, it would! I'm not suggesting random wannabe's go and hit small time firms, especially in Australia.
but the Goldman Sachs, Enrons and Exxons types... would be a fairly nice feather in the hat of a self proclaimed world altering aspect, aka ANON or lulsec!

reply to post by Agit8dChop


There is nothing wrong with using your imagination and having dreams. Just do your homework before jumping in the deep end.

reply to post by demus


What better place than the bottom line?

acacko
reply to post by demus

 

What better place than the bottom line?

there must be better way.

the fact is that we all support corporation by purchasing their products or/and services.

we are partners, sadly.

reply to post by kwakakev


the cia just got caught for faking a 'cuban' twitter-account....

# 'em, bring em all down, banksters and corporate ceo's the worst?
oh, you're afraid of no money? boohoo I say...., it is not my or anyone's fault that you are totally dependent on the system and let the system think for you and 'take care' of you(help you to the grave is what they really MEAN)

learn some basic survivalskills and stop being afraid
something's gotta go..

I applaud this girl for setting a precedent, and they should ONLY discuss this case together with the cia-case.

she didn't break in or nothing, just created a false paper.

now she should have a smart advisor and start calling it her school's Social Studies Project

I think she passed hehe

demus

very brave and very stupid at the same time.

she probably didn't expect that outcome.

also, many of you forget that real people work for the "evil companies" and that real people are shareholders and that in the end the real people will get to carry the burden of things like this.

there must be better way to "hurt a corporation".

Well, I guess that "real people" should maybe think twice before investing their money in something that is so harmful to so many others.

Why should we give a big hairy rat's ass what happens to their investments?

I'm sure that North Carolina's Duke Energy has shareholders who are "real people" as well, but apparently neither the company or the "real people" invested in it gave a crap about all the other "real people" who live downstream of their polluting activities and depend on the river for a daily water source.

I say we should show those "evil companies" the exact same amount of respect and consideration that they showed towards the general public. Maybe we should just poison them into a slow death.

She should claim she is too big to fail and should request to be bailed out by the government. It worked for wall street.

reply to post by HumanSubject



i am not sure why you replied to me in making your post. Do you feel insecure that there are stronger forces at play than you? I am open to a better system and a stronger sense of justice. I do not find it in approval of disinformation when that is your issue. I am also aware that disinformation has just been a natural part of the environment for millions of years, humans might of put some new spins on it but I guess we just all have a lot to lean.

a reply to: demus

also, many of you forget that real people work for the "evil companies" and that real people are shareholders and that in the end the real people will get to carry the burden of things like this.

there must be better way to "hurt a corporation"

If any activist was that discerning no one would ever do anything pple are apathetic as it is about losing civil liberties/rights.

Sure corps have real staff just as the unemployed,pensioners, homeless, disabled as being indolent bludgers are real people also. I understand what your saying but the gross generalising is just as valid for the weak as for the strong!.

Just reading the story it says the fraud was revealed before trading so it had no effect on the stock price so she should be fine. And in the end drilling was suspended anyway.