A cyber-attack on a hedge fund which recently attracted a slew headlines never actually happened, BAE Systems, the firm at the centre of the story, has admitted.
A cyber-attack on a hedge fund which recently attracted a slew headlines never actually happened, BAE Systems, the firm at the centre of the story, has admitted.
By Svea Herbst-Bayliss BOSTON (Reuters) – For some hedge funds hurt by tumbling technology stocks earlier this year, tenacity has been a virtue. Andor Capital and Tiger Global Management, two of the industrys most closely watched investment firms, delivered good news to clients as they finalized first-half returns. Tiger Global, which oversees $14.5 billion in […]
A US hedge fund lost millions of dollars over a two-month period after hackers installed software to steal trade secrets, it has been revealed.
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