Major Hedge Funds Targeted in Wave of Attempted Cyberattacks The latest wave of cyberattacks targeting Wall Street firms has exposed a disturbing trend: hackers are exploiting advanced technologies to trick employees into revealing sensitive information, or worse.
The sophisticated attempts to infiltrate major hedge funds and private equity companies using voice phishing – vishing for short – are not isolated incidents but part of a larger pattern threatening the global finance system.
The most recent attacks have targeted Point72 Asset Management, Two Sigma Investments, Millennium Management, Citadel, and other firms.