A hedge fund was hacked in a complex attack that hampered the firm's trading strategy and send information about its trades to offsite computers, according to a report by CNBC's Eamon Javers. The report, which doesn't name the hedge fund, said the attack was thwarted by technicians at BAE Systems Applied Intelligence. The attacked firm is a client of BAE. The attack had not been previously disclosed. From CNBC: "Paul Henninger, global product director at BAE Systems Applied Intelligence, said the hack represents one of the most complex he's seen in a new wave of attacks designed to extract business strategy ... (full story)
WOW! I really would like them to share their strategy LOL, I guess it is pretty much a profitable one. That's on a funny basis.
Seriously speaking, I guess large funds and traders should invest a little into that kind of security, I'm not a cyber expert but I can imagine the damage of these kind of attacks if someone with nasty intentions would enter into my trading platform and start pulling the trigger randomly...
Why such a rigid stance? To learn is the funniest process in live...