It was just over a week ago when New York-based FBI special agent in charge of insider trading David Chaves noted how cyber crime and hackers were using sophisticated and creative methods to to infiltrate Wall Street computer systems to gain trading advantages, as reported in ValueWalk. Today a manifestation of the cyber crime war has materialized in news that an investigation is underway that suspects Russian hackers have infiltrated the computer systems of Dow Jones & Co., publisher of the Wall Street Journal and other publications, to obtain trading secrets. (As this story was being filed, Dow Jones released a statement saying the allegations in the report, published by competitor Bloomberg, were inaccurate and it had not...
Dow Jones Hack Speaks To Cyber Battleground For Insider Trading
Mark Melin
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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

