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Cyber criminals target trading algorithms to steal related code

Cyber criminals are increasing their activity against private firms with the specific intent to access intellectual property and corporate secrets. Security firms discovered a significant increase in the number of targeted attacks aimed at stealing the code related trading algorithms. The material may be deployed to effectively blackmail a company into buying back its own data; it may also be put to work in markets or sold on to unscrupulous traders, experts said. Cyber criminals operate following classing extortion scheme or try to sell the stolen data in the underground black markets.”]

Source: https://securityaffairs.co/wordpress/34224/cyber-crime/cyber-criminals-target-trading-systems.html

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