I'm not sure how they came to the conclusion that the hackers have a "banking background".
Is it that difficult to determine that hacking certain people's emails is likely to lead to insider trading tips? Do you need a "banking background" or "worked on Wall Street" experience for that? It's quite a leap.
The article says the hackers "can inject themselves seamlessly into email threads". Its hard to judge that without reading the specific conversation but I doubt they'll become public. The hackers may have simply spent some good time studying up on the industry, but having a banking background seems like a reasonable guess.
Given the track record of Investment Banks and massive felonies and market manipulation/rigging over the past several years, It's very easy to assume this sort of action was taken by current or former employees of a large Investment Bank.
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I'm not sure how they came to the conclusion that the hackers have a "banking background".
Is it that difficult to determine that hacking certain people's emails is likely to lead to insider trading tips? Do you need a "banking background" or "worked on Wall Street" experience for that? It's quite a leap.
The article says the hackers "can inject themselves seamlessly into email threads". Its hard to judge that without reading the specific conversation but I doubt they'll become public. The hackers may have simply spent some good time studying up on the industry, but having a banking background seems like a reasonable guess.
Given the track record of Investment Banks and massive felonies and market manipulation/rigging over the past several years, It's very easy to assume this sort of action was taken by current or former employees of a large Investment Bank.