Hackers have attempted a series of sophisticated cyberattacks on major Wall Street money managers, targeting their information systems. Some of the world’s largest hedge funds, including Two Sigma Investments, Citadel, and Point72 Asset Management, were targeted as part of the assault.
The hacking attempts featured phone calls in which cybercriminals tried to trick employees into granting them access or handing over other sensitive information. This tactic remains widely used by hackers due to its effectiveness.
Citadel, Two Sigma, Balyasny, and Millennium did not immediately respond to requests for comment, while Point72 declined to comment. Global companies are battling a surge in AI-powered cyberattacks and ransomware that disrupt operations and steal data.
In response to the growing threat, the White House announced a working group earlier this year, uniting AI developers and critical infrastructure operators to share threat intelligence and coordinate cyber defenses.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
