Wall Street Savvy Hackers Found Stealing M&A Data Data

A cybersecurity breach involving hackers with Wall Street expertise has been reported by Fire Eye. The hackers targeted over 80 public companies, primarily in healthcare and pharmaceuticals, seeking market-moving information. Speculations suggest they may have traded on this information or sold it. This incident highlights a potential new wave of insider trading and a possible crackdown.

What type of data did the hackers with Wall Street expertise steal?

• Personal data of employees

• Mergers and acquisition data

• Customer credit card information

• Social media account details

How many companies were targeted by the hackers in total?

• More than 50

• Less than 50

• More than 100

• Exactly 80

What is the alleged background of the hackers referred to as Finn for?

• University students

• Tech company employees

• Former government officials

• Wall Street professionals

What is the likely action taken by the hackers with the stolen information?

• They traded on it or sold it

• They used it for academic research

• They donated it to charity

• They destroyed it

Why are healthcare and pharmaceutical companies often the focus of insider trading?

• They are easy to hack

• They have many market-moving events

• They are less profitable

• They have fewer regulations