Report: FIN4 Hacker Group Targets Pharma Execs For Insider Edge On Stock Market

Angelo Young reports:

A group of financially savvy computer hackers has been stealing data from more than 100 organizations, mainly targeting publicly traded health care, pharmaceutical and biotechnology companies, to gain insider knowledge and game the stock market. The news underscores the vulnerabilities of corporate computer networks and the many ways that cybercriminals use low-tech “social engineering” to further their aims.

The cybercriminal group known as FIN4 “compromises the email accounts of individuals who regularly communicate about market-moving, nonpublic matters,” according to the “Hacking the Street” report from U.S. security firm FireEye, released Monday. The hackers are believed to be native English speakers based in North America or Western Europe.

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