Planting seeds in your hedge
Hedge funds to be the next priority for cyber attackers
In an audacious and sophisticated attack, cyber criminals acting in late 2013 installed a malicious computer program on the servers of a large hedge fund, crippling its high-speed trading strategy and sending information about its trades to unknown offsite computers. — Source Further Reading Below
In my professional opinion this is not anything new and should not be a shock. It is just the first time that the press have been made aware of such a sophisticated attempt. Financial organisations are very wealthy and it is easier to pay potential attackers off, rather than open themselves up to scrutiny and a knock on their share price.
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