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Ipreo sues Goldman Sachs for data theft

Goldman Sachs accused of illegally accessing an Ipreo database and stealing data from it. Goldman Sachs says the claims are without merit but offered no other comment. The company maintains a database called Bigdough, which it claims took years of effort and substantial investment to build. Goldman admitted that the IP addresses associated with the illegal logins belonged to it, but tried to portray it as the act of a lone employee, the complaint noted. The lawsuit seeks at least $1 million in compensatory damages and another $2 million in punitive damages.”]

Source: https://www.csoonline.com/article/2125170/ipreo-sues-goldman-sachs-for-data-theft.html

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