tech

Big US hedge funds targeted by wave of cyber attacks

Point72 and Citadel among firms hit by audio phishing schemes

Big US hedge funds targeted by wave of cyber attacks

TL;DR

  • Point72 and Citadel were among the hedge funds targeted.
  • The attacks involved audio phishing schemes.
  • These schemes are designed to trick employees into divulging sensitive information.
  • The incidents represent a growing threat to major financial institutions.