When Hackers Attack Hedge Funds – Compliance Week

Although the attack the BAE executives described was not real, it is by no means a far-fetched scenario. Indeed, cyber-security experts say the idea of hackers stealing hedge fund trading data to enable themselves to profit in the financial markets is entirely plausible. John Stark, managing director of digital risk-management firm Stroz Friedberg, said that the scenario is reminiscent of the 2007 case of SEC v. Dorozhko—or maybe “Dorozhko on steroids,” Stark said.

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