The executive, Paul Henninger, global product director for BAE Systems Applied Intelligence, told CNBC in June that his firm had found and stopped a malicious cyber-intrusion into a hedge fund client. Henninger declined to identify the hedge fund.
But on Wednesday, BAE Systems spokesperson Natasha Davies said that the attack Henninger had described as a real event involving a hedge fund had in fact been a “scenario” used by cyber experts inside BAE Systems.
‘Enforcement 40’ for 2020
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