Cyberattacks Hit Major Wall Street Money Managers and Hedge Funds
Hackers launched a series of sophisticated cyberattacks against major Wall Street firms, targeting information systems of money managers and hedge funds. Investigations are underway and firms are bolstering security.
A wave of sophisticated cyberattacks has struck several major Wall Street institutions over recent days. The intrusions specifically targeted the information systems of prominent money managers and hedge funds, according to reports.
The incidents have heightened worries about the vulnerability of the financial sector to digital threats. Both law enforcement and the affected companies are actively investigating the breaches and implementing additional security protocols to prevent further damage.
Source: First Squawk