Hedge Funds, HFT Vulnerable to Cyber Attack

It was one small line in Michael Lewis’s book that was most important to those closely watching the high frequency trading debate that mattered most.  This line revealed the potential for HFT algorithims to fall into the “wrong hands” and cause untold economic damage. With the release of a Bloomberg report on the hacking of various hedge funds, the issue of terrorists and economic opportunists alike hacking into HFT firms and hedge funds comes squarely into focus. Hedge funds digital footprint can be exploited by the hackers When highlighting an FBI case about a former Goldman Sachs Group Inc (NYSE:GS) HFT…