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Hackers Find New Way To Cheat On Wall Street

January 6th, 2011 01:08 admin Leave a comment Go to comments

GMGruman writes “The high-speed trading exchanges that conduct the business of buying and selling stocks and mutual funds are so fast that hackers can introduce delays of a few microseconds completely unnoticed by today’s network monitoring technology — and manipulate prices in the process to reap millions of dollars to the detriment of everyone else, InfoWorld’s Bill Snyder reports. This kind of activity creates new reason to distrust Wall Street and shows how the computer networks we all rely on for conducting business and moving information are ripe for undetectable hacking.”

Source: Hackers Find New Way To Cheat On Wall Street

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