Ameritrade leaks and more Wi-Fi theft

First of all, there is something that I meant to discuss a few weeks ago that surprisingly has not gotten much coverage. Art Medlar, a fellow inhabitant of a mail list I subscribe to explained that he is a client of TD Ameritrade, and being a cautious kind of guy he used unique primary and alternate e-mail aliases for his account.

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He wasn’t happy when “[within] a month, both of these addresses were receiving stock-pumping spam. I called [Ameritrade] and had a nice heart-to-heart with a clueless and unconcerned [customer service representative] and changed the addresses [to different e-mail aliases].”

Medlar was even less happy when “[last] week, these two began getting stock spam. None of them have ever received any other sort. They have never been used except where entered on the Ameritrade profile form. The Ameritrade guy this morning says that it's obviously a dictionary spam at all possible addresses [like those I used].”

To say that this was disingenuous on Ameritrade’s part would be kind. Medlar commented that “it looks like the people running these scams are pretty serious and have connections of one sort or another inside at least one business which should be very secure but is not.”

A recent Slashdot article discussed more or less the same experiences of Bennett Hazelton, a well-known privacy and anticensorship activist. The implications of this for Ameritrade are . . . what is the word I’m looking for? Ah yes. Huge. This is a story that has, as we say, “got legs.” Stay tuned.

My other topic this week is a follow-up regarding last week’s column on things legal and the issue of unauthorized Wi-Fi access stirred up some interesting comments.

Reader Peter Quirk in Hopkinton, Mass., asked: “Thanks for highlighting this unintended consequence of security legislation. I wonder whether we will soon be subject to power theft suits for plugging laptops or cell phone chargers into the very few available power outlets in airport lounges.”

I’ve wondered about this for years. We all go into Starbucks or we’re waiting in the airport lounge for our flight to be cancelled and the first thing we do is plug in to the first power outlet we can find with nary a care in the world. Why is it that using AC power (which has an easily quantified and real cost) without explicit permission is apparently OK while using an unsecured, uncontrolled Wi-Fi access point at a cost that could be measured in nanocents — no, femtocents – is something that is worthy of arrest and prosecution?   


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