Daily Archives: June 19, 2014, 9:53 am

Hedge Fund’s High-Speed Trading Strategy Derailed, Exploited by Cybercriminals – Compliance Week

In April 2014, the SEC’s Office of Compliance Inspections and Examinations issued a Risk Alert regarding its initiative to assess cybersecurity preparedness in the securities industry and noted that it would soon begin to conduct cybersecurity examinations of more than 50 registered broker-dealers and registered investment advisers. A CNBC report today on an extraordinary cyber attack last year against a large hedge fund shows, yet again,…

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