By Darren Pauli, 23 Jun 2014
Criminals have successfully attacked a hedge fund, delaying trades and stealing profitable secrets in a rare direct raid on the financial services sector, according to BAE Systems Applied Intelligence.
The clever hack cost the unnamed US-based hedge fund millions of dollars over two months, the firm alleges. Attackers apparently lifted information on complex and high speed trades from the firm, then sent the details to external servers using malware which implanted on the victim's network.
The Register/ full read here/ http://www.theregister.co.uk/2014/06/23/hackers_steal_trade_secrets_from_major_us_hedge_firm/
Hackers steal trade secrets from major US hedge firm
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