Insider– a company, individual or member of an organized group that has access to information that is closed to the general public. A special feature of an insider is the ability to obtain confidential information “first-hand”. The term “insider” is often used to describe a person who has transferred secret data to outsiders or exposed it to the public.

Types of insiders

All insiders can be classified according to their objectives:

1. Unintentional. Disclosures occur randomly. Such insiders can be divided into two types:

- manipulated- act on someone's orders. A person who is given an order to provide certain data can be confident in the correctness of his action. For example, a person calls an ordinary accountant and introduces himself as the director of one of the branches. At the same time, he earnestly requests to urgently send some data to the mailbox to resolve the force majeure situation. The employee, in turn, “without a second thought” forwards confidential information (how can he refuse to a manager). At the same time, he pursues exclusively good goals;

- independent. In this case, a company employee with special access to data inadvertently reveals sensitive information that the attacker obtains. There are more “negligent” insiders today. It could be an ordinary employee who, due to his inattention (or someone else’s request), violated the confidentiality rules. As a rule, the actions of such a person do not contain components such as self-interest, evil goals or intent.

The motivation for action for such people may be the desire to stand out from the rest, to complete a given task faster (at home or on a business trip), and so on. As a result, it ends up outside the office, where it can be lost or accidentally end up in the hands of other people. At the same time, the lack of self-interest and the desire to benefit is not a mitigating circumstance, because as a result of such actions the company incurs large losses.

It’s not difficult to protect yourself from unintentional insiders—it’s enough to organize filtering of outgoing traffic from the company’s computer network, install I/O managers, and so on. The task of management in this case is to create such working conditions where all attempts to distribute confidential information or copy it to removable media would be impossible. Technically it is quite possible to do this.

2. Using its capabilities and access to classified information for private purposes(the main goal is to increase the feeling self-esteem). There are two types of insiders here:

- wanting revenge. The purpose of disseminating information may be to offend a manager or another employee. The main task in this case is to cause as much harm as possible to the company through your actions. You can identify such an employee based on several main characteristics:

Its task is to cause harm to the company, and not to steal any data;
such an employee is not going to leave the company after his revenge.

If the “avenger” encounters difficulties in obtaining confidential information, then he will do everything possible to “annoy” him in something else. For example, he can falsify any information, steal valuable property, and so on. In this case, the received data may be transferred to other persons not for profit, but only for the purpose of disclosure and causing financial damage. For example, information may fall into the hands of “shadow” organizations or journalists;

- curious. Such employees take advantage of their official position to gain access to even more important information, corporate secrets and the secrets of their work colleagues.

3. Selling, available data to outsiders - this is one of the most popular types of insiders common today. They are:

- motivated. These are people who received a specific financial offer for the sale of certain data and took advantage of it. For example, in 2008, an employee of one of the Liechtenstein banks made a transaction on
sale of the personal database of the owner of a financial structure to representatives of the intelligence services of Great Britain and Germany. The insider's profit is seven million dollars. The buyers also made good money, because after just a few weeks such an expensive product paid for itself several times over.

Such insiders can be motivated not only by . One option is to act under pressure from other people and blackmail. In this case, the insider has no choice but to steal information and transfer it into the wrong hands, because health or life is at stake;

- those planning to apply their knowledge in the future. Such people are not completely confident in the success of the event, but just in case they keep the available information to themselves. This type of insider often includes newcomers to the company, for example, trainees or practicing employees. They can already access certain information, but do not yet know how to use it.

4. An insider who uses information to obtain material benefits. Here, as an example, we can cite a bank employee who knows more than ordinary people and uses special access to data when speculating. In this case, the main tool for earning money can be currency, and so on.

5. Embedded Insider- this is one of the options for industrial or state espionage, which happens not only in movies, but also in real life. The scheme is simple. For example, one of the best system administrators of the company receives an offer with convenient schedule work and excellent salary. Naturally, he agrees. At the same time, the “employer” sends “his” person with an excellent track record to get a job. They take him to the already vacated place, because it would be stupid to miss such a chance. As a result, the new system administrator quickly gains access to all the necessary information, copies it and simply disappears.

Who are considered insiders?

Today, not only employees of any structures, but also the following entities can fall under the category of “insider” in the Russian Federation:

- management organizations and issuers;

Structures that occupy a dominant position in the goods market. Moreover, the share of their products must be at least 35%;

Depositories, clearing organizations and credit institutions that carry out settlement operations for transactions carried out with the involvement of trading organizers;

Persons who are professional market participants and carry out various transactions with the currencies of other countries, as well as various financial instruments. As a rule, such specialists have access to insider information coming from clients;

Entities in whose hands more than a quarter of all votes in the highest management bodies are concentrated, as well as holders of securities with access to confidential information;

Appraisal companies, auditors, credit institutions, stock exchange participants and insurance companies that, according to concluded agreements, gain access to confidential information;

Persons who, due to the nature of their activities, have access to insider information regarding competing (mandatory) offers to purchase certain securities (most often shares);

Persons who are members of the executive body, board of directors or audit commission;

Individuals who have access to the classified information listed above on the basis of civil or labor agreements;

Persons who can in any way influence the decision to issue a loan from a bank - members of the executive body, members of the board of directors, Chief Accountant, heads of branches of financial institutions, relatives and deputies of the people listed above, bank employees.

In addition to the above bodies, persons and structures, insiders include:
- executive structures of state and executive power of the Russian Federation;
- structures managing extra-budgetary state funds;
- local government bodies;
- and so on.

Prohibitions and requirements for insiders

Each organization that employs a person and gives him access to confidential information puts forward certain requirements and places specific prohibitions on its use.

08/15/2009 - The insider already has a lump in his throat. Who doesn't write about him? We had to collect materials, and they brought results - during these studies he was not only discovered, but also neutralized... Read about it:

We are forced to consider this question not because it is now popular on various forums on the Internet, but this question is relevant for the reason that the insider, as he calls himself, is in fact a protege of Lucifer from the time when the Rus appeared in our virtual world .

We know about Lucifer’s attempts to destroy the collective system of organizing Life, alien to his nature. And when the Rus appeared on Earth, Lucifer built mechanisms to combat them. At the same time, he selected a candidate for the post of Earth Ruler, to whom he could entrust his powers, because The remoteness of the Earth made it difficult for him to quickly influence emerging problems. At that time, we know this from religious sources, a double of Lucifer ruled on Earth. He was unable to complete the task, the Russians discovered him and expelled him to the lower spheres. After this, Lucifer began to select a new candidate. However, the Russes also saw through him, and the devil was also sent to the lower spheres. After this, Lucifer had to new task: to organize a secret candidacy that no one on Earth could figure out, but which would have all the means to achieve Lucifer's ultimate goals.

Finally, about 2000 years ago, a new commissioner of Lucifer appeared - an insider, whose task was to assemble a team for himself to counter the Rus. He performed his task conscientiously, because... was devoted to Lucifer, considering him the Creator, above whom there is no one.

During this period, the Rus had already settled in many regions of the planet, creating Slavic peoples. Therefore, the insider worked secretly, creating a structure to counter the Rus. At this time, the Rus owned not only the Earth, but also confidently climbed up the spiritual ladder to the Higher spheres, opposing Lucifer at every step of the ascent. In turn, the insider who selected his team acted secretly and was very active. He felt support from above, and this was transmitted to his servants, who obeyed him unquestioningly. And Lucifer monitored their activities through the Department he secretly created in the Higher Spheres. He still had a strong influence in this area and hid it under the Research Department, so he did not attract outside attention. At the same time, Lucifer foresaw that the true purpose of the Department could subsequently be revealed by the Rus, so communication channels with this Department were carefully protected, and other mechanisms were also used to conceal its true purpose.

The main strength of Lucifer was concentrated in this Department, through which throughout the subsequent period he implemented his main plans in counteracting the Rus. This centuries-old confrontation was carried out with the help of conspiratorial measures and when the Rus had already risen to the level of this Department, mastering the vastness of the Higher Spheres. It continued to function in our time until the very last moment, when no more instructions came from Lucifer. As a result, until very recently, this hierarchical elite, through an insider on Earth and his secret agents, continued to influence earthly events with the same persistence as before.

The insider group had a destructive influence in those areas where the Rus were organizing their lives. Their cosmic patrons developed an action plan for them and received data on the results of working out the assigned task. Their main task was primarily to organize contradictions within their zone of influence. Yes, they were all collected from Jews, but they differed from virus carriers in that the instructions they received came to them not from the civilization of viruses, but from that cosmic fiefdom that Lucifer created for unspoken - hidden pressure on the Rus. This control was implemented through a secure communications support network between the Division and Earth. They were infiltrated into government bodies and security forces. Here they occupied the main levers of control in order to be able to manipulate the actions of subordinate structures, but especially in recent decades. They secretly built mechanisms of destruction and counteraction to the creative motives that are inherent in the Slavs. They secretly destroyed its culture, and destroyed the people themselves. So, from century to century, this group, as its supporters grew and headed by an insider, interfered in the most hidden areas of life within states, organized provocations and wars, intensified conflicts between states, and destroyed the cultural and historical heritage of the Slavs. Please note that these are not Freemasons, whose structure was built by the civilization of viruses. The insider and his agents are a separate parallel branch of destroyers of the harmony of life. They had different end goals.

Their activities consisted of inciting conflicts within the Slavic peoples, their disunity, destruction national cultures. In fact, they worked in the same direction with virus carriers, but they themselves had no direct relationship with them. Only individual episodes of their meetings with the Freemasons show us that they worked in similar directions and coordinated activities with each other if their intentions were similar. Such interaction allowed them to divide their tasks and follow a parallel course, the virus carriers - to enslave earthlings. Insider agency - to destroy what the Rus have created, up to the destruction of this Slavic community as such. This main task of theirs has recently been most noticeable in the example of the division of peoples within countries, and even in the splitting of countries into small territories.

The insider's plans did not stick for short periods of time. He made his plans for decades. They ensured this regime of their active life with the support of strict rules of non-mixing with other generic branches, including virus carriers. Therefore, they preserved their ancestry, originating from the ancient Jews, right up to the present day.

Such life technology is difficult to implement on Earth. In this direction, they received support from their Department, which, through Lucifer, introduced official reincarnation technology specifically for their group. Reincarnation was provided to them by technologists of the spiritual world in accordance with a program introduced officially as a research one. Therefore, no attention was paid to them - you never know how much research is being carried out in Space. They also did not pay attention to the control channels, which ran in a separate branch, protected from eavesdropping. It is clear that such support could be provided to them for the period while Lucifer’s cosmic status remained high.

Now this is not the case. There is no Lucifer either. And the Department felt the danger especially acutely as soon as Lucifer stopped working with them. Perhaps he managed to finally convey some instructions to them, we do not yet know. But now their entire information base has already been confiscated, and we still have to work with it...

Until the last moment they still continued their active destructive activities, but they were increasingly panicked. They lacked information about the current state with the Source of senior management. And on Earth they already saw a rapid spiritual upsurge, accompanied by increased activity of the cosmic Hierarchies, which sought to lead the Earth out of the bondage of Lucifer. They often announced that a secret power ruled the Earth. And now the insider’s agents began to get lost in the new information field. And they lacked confidence that they were not being used by some third force. Indirect search methods also did not give them results. Panic gripped the insider too - something needs to be done, but there is no support from above. Conflicting commands are coming from there...

This period of tension made the situation even more tense. It was necessary not only to protect oneself, but also to fill the information vacuum created in connection with the departure of Lucifer. What will happen to the Department then? And the insider did not know what would happen to him and his agents. He decided to take the riskiest step - to conduct an information search not by indirect methods, which did not bring results, but directly. The insider decided to make his presence known through the insider’s “revelations.” But this was his last step, because... Such “bursts” on Earth are also tracked in Space.

Essentially, this group capitulated in Lucifer's earlier scheme to restore his rule on Earth. On a cosmic scale, their surrender occurred earlier. They formed a secret structure and long ago realized what they were threatened by further escalation of tensions, and as a result, the collapse of their plans would come.

The insider’s decision to come forward was dictated by another reason. During the period of increasing opposition to his plans on Earth, the prospect of maintaining not only his status given by Lucifer, but also the secret life in general became dangerous due to the possible exposure of his opposition to the entire system of life on Earth. It remained impossible to keep the secret of his stay. And he saw the only way out in this situation was to quietly exit the game, the scenario of which he himself had created. He decided that he could find such a loophole in the information responses to his “revelations” by contacting some extremist group that would hear about him and contact him as their future leader. He liked this idea because... at the same time, he would retain his previous status, and at the same time would be able to continue active destructive activities through criminal structures. Accordingly, they would hide him with their agents, which he called the Family.

In general, there is no point in describing his internal reasoning. Some of this chaos of thinking is already known to us as the information base of the Department is revealed. Disclosing individual information directly into the minds of the Department's leadership also brings benefits. And in this partially processed information, their aggressive essence, characteristic of Lucifer himself during the period of confrontation with the Rus, is especially noticeable. It is not surprising that the same thing happens to his proteges, “entrenched” in the oasis of spiritual life in the Higher spheres. How can this happen, you ask?

That's how we, here in Space, looked for answers to this question. And now everything is clear to us. Lucifer prepared this aggressive structure for a long time. Therefore, revealing it was not an easy task for us either. Now all that remains is to switch their information base to the CCR base in order to model subsequent events on Earth more accurately, and adjust them in the direction that is inevitable in any developing Civilization striving for spiritual growth.

Thus ended the story of Lucifer's space department. This is how the insider's confrontation on Earth ends. All their information channels are now under the supervision of the Central Committee. The subsequent task of the Central Committee is the deactivation of their aggressive intentions and their complete mental neutralization...

The section is very easy to use. In the field provided, just enter the right word, and we will give you a list of its values. I would like to note that our site provides data from various sources - encyclopedic, explanatory, word-formation dictionaries. Here you can also see examples of the use of the word you entered.

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The meaning of the word insider

insider in the crossword dictionary

Dictionary of financial terms

INSIDER

a particularly trusted person of the company through whom it is possible to obtain confidential information.

Wikipedia

Insider

Insider- a member of any group of people who has access to information that is not available to the general public. The term is used in a context related to secret, hidden or some other proprietary information or knowledge: an insider is a member of a group who has information available only to that group.

The insider is contrasted with the outside specialist. A specialist can provide a comprehensive theoretical analysis, which will then be the basis for an expert opinion, and an insider has first-hand information.

In the US, mandatory reporting by corporate insiders employees of the company, directors and shareholders owning more than 10% of the company's share capital are recognized. Trades made by these insiders in shares of their own company are based on non-public information and are considered fraudulent because the insiders are violating their commitment or fiduciary duty to shareholders. A company insider, accepting an offer of employment in a company, undertakes an obligation to its shareholders to look after their interests above his own in matters relating to the company’s activities. When an insider buys or sells based on corporate information, he violates his duty to shareholders.

In the media, an insider is often called “Source in...”

The Insider (novel)

"Insider"- a fantasy novel by Yulia Latynina, the last chronologically in the Wei Empire cycle.

The Great Wei, a semi-monarchical, semi-socialist state, is very similar to a mixture of the great Asian monarchies. But everything changes, and the monarchy comes into contact with the space federation of earthlings. Including all “developed” monetary relations.

Insider (disambiguation)

Insider:

• An insider is a member of a group of people who has access to classified information;
• The Insider is a fantasy novel by Yulia Latynina;
• One of Our Own is a 1999 American feature film.

Examples of the use of the word insider in literature.

There were also meetings Insiders and extensive consultations with others who knew something about Yuuuzhan Vong technology - individuals such as Silghal, a Jedi healer from the Mon Calamari.

Day 39 In the wing where the senior command staff's apartments were located and where most lived Insiders, Jaina was detained by a crowd consisting of Wedge, Yella, their daughters, Luke, Mara, baby Ben, Jedi Kam and Tyonna Solusar from the academy, Han, Leia and C-3PO.

In this article we will continue the topic of the stock exchange and talk about insider trading and general concept"insider". Anyone who has dealt with investments must have heard about it sooner or later. this term. But what it means is a mystery to many. Let's try to lift this veil. In total, in this article I will cover the following topics:

• Insider - what is it?;
• The concept of insider trading;
• Why is this instrument prohibited, but at the same time the stock market cannot exist without it?;
• Insider trading on the foreign exchange market (Forex);
• Insider transactions in Russia and Federal Law of the Russian Federation N 224-FZ.

Insider - what is it?

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The US Securities and Exchange Commission considers an insider to be a shareholder of a company who owns at least 10 percent of the shares. As a rule, such shareholders are a kind of management center and the head of the enterprise rolled into one.

Accordingly, these people have direct access to non-public information relating to the company's activities. That is, they know much more about the financial situation of the enterprise than small shareholders. And they will also be the first to know about any events that will lead to a rise or fall in the stock price. Until such information is disclosed, it is considered insider information.

Insider trading is making transactions using that very “non-public” information. Using it, according to the legislation of most countries, in particular the USA and Russia, is prohibited. But, if you believe the statistics provided analytical center SEC - about 30 percent of all current transactions in the stock market are insider transactions.

Why insider trading is prohibited

Insider trading is prohibited for the simple reason that the very fact of its existence introduces a certain imbalance in the investment market. A small group of shareholders collects all the cream of the crop, while small investors only count their losses. If today the situation was the same as before 1934 (before this period the concept of insider trading simply did not exist), then investments as such would simply not exist. It’s time to say frankly that it is small investors who support large companies and brokers. Here the saying “one piece at a time” is more relevant than ever. And if investor confidence is undermined, then the entire investment market will simply lose the lion’s share of capital.

What happened in 1934? The so-called Pecora Law was passed, which detailed the concepts of an insider, the use of “non-public information” in stock trading and how this could bring down the entire American stock market. Simply put, the Pecora Act completely banned insider trading in the United States. But this is not the end of insider trading. The investment market at that time simply could not survive such dramatic changes. But the first high-profile case concerning insider trading surfaced only in the 70s. Then the well-known company TGS, which was engaged in the extraction of natural resources, discovered a huge mineral “pool” during its research. Of course, as soon as this information hit the media, the price of TGS shares immediately increased several times. Charles Fogarty, vice president of TGS, decided to take advantage of the moment - he purchased a large block of shares at the current low price. Immediately after this, their price increased, and Charles was able to get rich by almost 150 thousand dollars in just a few days. Due to the indignation of small investors, the fact of an insider transaction very quickly “came to light” and a high-profile court case began against the management of the TGS company. It ended with huge fines (about $1.2 million). At the same time, the law regarding the use of “insider signals” was significantly tightened. Other countries followed the US example.

In the 80-90s of the last century, the phrase “false insider information” became a fairly common concept in the stock market. It was also most often used by unscrupulous owners of large blocks of shares. They spread false information through the media about the imminent collapse of shares of this or that company, after which the price, of course, fell (the market reaction is instantaneous). And during a period of “embarrassment,” you can purchase an entire company for a symbolic price, the value of which on the stock exchange is falling critically. A similar situation at one time played a cruel joke on the MISC company, which developed processors with a unique architecture that was several times more powerful than traditional x86 and x64 processors. Competitors have stated in the media that MISC, when testing processors, found that their power was extremely low, and therefore such products would not be able to compete in the consumer market. Thanks to the publication of false information and a sharp collapse in the latter's shares, competitors simply acquired a group of developers and then disbanded their entire department.

But you should still understand that without insider information the investment market could not exist at all. It’s just that its profitability in this case would be extremely low (no more than 10-15 percent per annum). IN modern conditions It is much easier to monitor the actions of insiders, so their transactions are simply copied in real time. Insiders have become a kind of signalers for traders. Of course, the first ones tried not to “step over the line”... What is this “line”? According to the same ill-fated Pecora Law, insider transactions were those that occurred during one trading day with a subsequent sharp drop or rise in stock prices associated with events that directly depended on the actions of the company's management or the main group of shareholders.

Concepts of “insider trading” in the Forex market

Do you think the concept of “Forex insider” has a right to exist? After all, the fluctuations in the exchange rate of a particular currency pair are influenced by global events related to the global economy. It’s simply impossible to find out about them in advance... Or is that not entirely true? Here, as an example, we can cite events when, due to the speech of one or another official at the Euro-summit, the exchange rate of one or another currency sharply increased or fell. Or the recent press conference of Vladimir Putin, after which the ruble rolled back somewhat from its rapid decline. Does anyone know in advance about the content of these people’s speeches? Of course, yes, and these are precisely the “insiders” of the foreign exchange market. Do they make money using such a tool? Most likely yes, since such people can afford to hire a professional financial analyst who can conduct a reasonable fundamental analysis, taking into account “non-public” information.

Quite often, these same people who have access to insider data sell this kind of information for personal gain. Many “players” of the foreign exchange market are willing to pay huge sums for it.

But a trial of “Forex insiders” has never been held before. Primarily due to the fact that such transactions are very difficult to track. In Russia, brokers are not obligated to provide anyone with information on completed trading operations on the foreign exchange market. Therefore, it is impossible to prove that the trader used insider data and not publicly available information for analysis.

Insider trading in Russia and Federal Law N 224-FZ

In Russia, insider trading, as in most countries of the world, is prohibited. True, the punishment for such transactions is not significant. To an individual, for example, this could result in a fine of up to 1 million rubles. For comparison: in the USA, for the proven fact of using insider information, a trader faces a fine of at least 100 thousand dollars. And if a whole group of insiders profited from the transaction, then they will have to fork out 2.5 million “American presidents.”

It should also be understood that in Russia the use of insider information is not so carefully monitored. And the Securities Commission is responsible for this. In the United States, officials have taken a slightly different approach - they encourage ordinary exchange participants to “turn in” those who use insider data when trading shares. As a reward, such “finders” are offered 10 percent of the fine that will be imposed on the offender. In the Russian Federation, the concept of “insider information” and its unlawful use is described in Law No. 224-FZ. I recommend reading it at your leisure - the document is very long, but it leaves more questions than answers.

But still, there have been several major scandals in the Russian Federation regarding the use of non-public information when trading shares on the stock exchange. For example, many remember the situation around the Yukos company that emerged in 2003. Then the concern merged with another oil giant - the Sibneft company. And before information about this event was published in the media, each of the companies artificially increased the quotes of their shares for a whole month. In total, stock prices then rose by 24 percent! Insiders who knew in advance about the subsequent merger of the two oil giants were able to earn at least $10 million in that short period.

The second case concerns the VimpelCom company. Their main shareholder, Altimo, literally within a month almost tripled its stake (up to 44 percent). Subsequently, VimpelCom received a government tender, which caused the shares to rise sharply in price. Telenor, the second major shareholder group of the telecommunications magnate, then immediately filed a lawsuit against Altimo with accusations of using insider information. How did the legal confrontation end? Victory for Telenor. It should be noted here that the case was heard by a US court, since VimpelCom shares were placed on the American stock exchange.

P.S.: To summarize, I would like to remember that at the moment in the United States there is a real fight against dishonest stock market insiders. The whole Wall Street at one time “shook up” trial over Raja Rajaratnam, owner of the hedge fund Galleon Group. The billionaire was found guilty of using insider information when trading shares, and as punishment he was sentenced to 11 years in prison. This was a kind of sign from the state for large stock exchanges and traders, demonstrating that “games with the law” sooner or later end not in favor of the latter.

I suggest discussing the topic in the comments. Perhaps you know interesting example applications of insider information or you yourself once made money on insider signals - write in the comments.

IN modern world insider is a very common concept. It is applicable in different areas economic activity. In general terms, an insider is an individual or entity, which, thanks to its position, has access to valuable (mainly, of course, from an economic point of view) information.

Term

An insider (from the English “being inside”) is a member of a group of people who have some important information. Moreover, he actively acts - mostly for his own benefit. In the media, the word has become synonymous with the concept of “source in...”.

An example of altruism in insiderdom is the American intelligence officer Edward Snowden, who revealed to the world classified information belonging to the US National Security Agency. But, as a rule, such persons in a certain group have not only knowledge, but also sufficient power and means, and use their position only to acquire additional benefits. In contrast, external company specialists can only analyze the information received, without having any idea how reliable it is.

Another striking example of selfish activity is the well-known scandal on Wall Street associated with the names of Michael Milken, Ivan Boesky, Martin Siegel and Denis Levine. It all ended with real sentences and huge fines. You can read about this in a book called “Greed and the Glory of Wall Street.” Feature films are still being made about the speculations of American moneybags.

Inside information

This concept is often associated with super-profits of large corporations. Meanwhile, as in any organization, so in political party There are areas closed from outside access. This is classified information not intended for ordinary citizens - Newest technologies, advanced developments, financial reports, certain groups. And since all these processes involve real people, they are the insiders who can deal with this information. No wonder he also said that knowledge is power. And in the modern world, such persons become serious weapons to achieve both political and economic benefits. And the activities of an insider can undermine the work of a large corporation and ruin the career of a major public figure. And even though the term itself did not initially have a negative connotation, insiderism is increasingly associated with personal gain.

From the above, it is clear that the relationship ordinary people this phenomenon is mostly negative. This is confirmed by various global conspiracy theories. For example, rumors about the existence of the Illuminati group. An insider of this secret society allegedly reported that the highest of the world they are planning to reduce the population globe by ninety nine percent. One of the ways they have chosen is products made using GMOs. The latter is said to sharply reduce the ability reproductive system person. Films are also made on this topic.

Right

Members of criminal groups or corporations that violate the law can create “leaks” that lead to the disclosure of such acts. For a specific purpose, of course.

Finance

Often, insiders - shareholders or board members of large corporations - use the information they have about the position of the issuing company for transactions on the securities market. Such transactions are not always legal.

Policy

In ordinary life, insider information includes information ( public life, economics, ecology, etc.), which contradict the point of view of the authorities and at the same time are reliable. The sources in this case can be politicians, scientists, journalists, and cultural figures.

Business

An insider is a major shareholder as well as a senior manager of a corporation. All of them have important information about the state of affairs of the company.

Banking sector

A bank insider is an individual or legal entity who is aware of the financial situation due to his official position. Shareholders and their relatives may also have such information. Here it is necessary to clarify who are “physical” and who are “legal” insiders.

1. Persons who own shares in a bank are shareholders.
2. Top management: from the chairman of the board of directors to the chief accountant.
3. Heads of structural divisions, as well as persons who, by proxy of the auctioneer, have the right to vote at meetings.
4. Auditors, inspectors and representatives of control bodies.
5. Relatives of all the above persons.
6. Associates of institutions associated with the bank.

1. Participants and institutions that own significant shares of capital in the bank; as well as enterprises, significant parts of which are owned by the latter.
2. Organizations whose leaders are shareholders, senior managers and controllers of a credit institution.

How to protect yourself from insider fraud

Businesses and other organizations take steps to maintain classified information. There are both legislative and hardware means for this. Among the latter, special mention should be made computer programs, for example “Insider”, which “hide” electronic data.

Important documents are stored in specially designated places under the guise of other information, say, graphic files. But for a layman, this data doesn’t even exist on the computer at all. And only when you enter the correct password, the necessary folders are accessible. True, the files that the program can delete cannot be restored, and the application itself uses the Internet. So there is also a risk of spreading information across the World Wide Web.

What the Insider program can do

1. Data encryption.
2. Hiding confidential information.
3. Unlimited size of processed data.
4. Exchange of data using the Internet.
5. Permanently delete files.

Other standard protection programs such as antiviruses and authentication systems are also used. In general, any self-respecting organization should have a security policy.

Legal methods of combating the dissemination of secret information include the Law on Insider Information. There have already been many amendments to it. This regulatory legal act defines the list of persons classified as insiders, as well as cases when an individual or legal entity can acquire such status.

According to the law, using insider information to manipulate stock prices and personal enrichment is illegal. This is because it impedes competition in the financial market.

List of insiders - what is it? The law obliges organizations to compile a list of employees who are granted access to classified data. Individuals may also have insider information due to their position. Ability to work with secret documents and responsibility for this is stipulated by labor and civil law contracts.

There are so-called “primary insiders”. These are the persons who directly receive secret data. In addition to them, there are also “secondary” ones. They have access to insider information through the former.

Information about insider activities

Such information is, in principle, available to everyone. They are needed to make decisions about whether to buy or sell shares. In such cases, it is important to remember the following. Most of the trades that insiders make are designed to grow their companies over the long term. Therefore, it is necessary to conduct a serious and thorough analysis. And the sale by one of the major directors of a small part of their shares should not be misleading. You need to act only when several shareholders begin to get rid of securities. And a director who not only receives a salary from the company, but has his own assets in it, is a much more indicative object for analysis.

Information about such transactions can be found on many specialized websites, which even have insider sections. There is always something interesting on them. However, a particular site may be controlled by an insider. Reviews on such resources should therefore be read very carefully.

This article, of course, does not pretend to cover the entire topic. There are many nuances to insider ownership. Everyone already understands that there is little good in it for ordinary people, but in modern conditions market economy this phenomenon must be treated as a fact.