"Criminal-Seeking-Hacker" Requests Network Breach for Insider Trading Operation

Friday, March 4, 2016

Private Industry Notification
Federal Bureau of Investigation, Cyber Division

Summary
A financially motivated cyber crime insider trading scheme targets international law firm information used to facilitate business ventures. The scheme involves a hacker compromising the law firm’s computer networks and monitoring them for material, non-public information (MNPI)1. This information, gained prior to a public announcement, is then used by a criminal with international stock market expertise to strategically place bids and generate a monetary profit.

Click here to read the complete alert from the Federal Bureau of Investigation, Cyber Division.

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