Leading hedge funds assess threat from cyber criminals

Cyber attack alert

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Hackers recently attacked Sony, Lockheed Martin, broadcaster PBS and Nintendo.

Will hedge funds be their next target? This question is already exercising minds at some of the industry’s most prominent managers.

Breaching technology networks has resurfaced as a growing concern for hedge fund managers amid recent allegations that a number of former employees of $2.5 billion hedge fund Ikos illegally copied trading code. Those mentioned – in material Ikos distributed widely in May detailing its alleg

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