Security firm claims cyber espionage to game US markets
It says hackers targeted people with access to highly insider data that can be used to profit on trades
Boston
SECURITY researchers say they have uncovered a cyber espionage ring focused on stealing corporate secrets for the purpose of gaming the stock market, in an operation that has compromised sensitive data about dozens of publicly held companies.
Cybersecurity firm FireEye Inc, which disclosed the operation on Monday, said that since the middle of last year, the group has attacked e-mail accounts at more than 100 firms, most of them pharmaceutical and healthcare companies.
TRENDING NOW
Wealth of Singapore’s 50 richest diverges as OCBC, Sheng Siong boom offsets tech slide
Massive tax bill clouds sale of Singapore land by Malaysian king’s son
Canada’s fight with the US has far bigger stakes than trade
What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief