Bloomberg Pays Economist Group Over Security Breach
Beltway rivals have history of tension
Bloomberg has paid the Economist Group an unspecified amount to compensate the latter for unauthorized access by former CQ Roll Call employees now working at Bloomberg, according to an unusual joint statement this morning.
The rival publishing and information companies say that former employees of the Economist Group’s CQ Roll Call group now working for Bloomberg continued to use their CQ log-ins and passwords to access information while working for Bloomberg and also let some of their coworkers do so.
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