Quantum computing via cutting-edge hardware and algorithms is coming and there will be more hype as it gains ground in financial markets. First, a definition from IBM: “By taking advantage of quantum physics, fully realized quantum computers would be able to process massively complicated problems at orders of magnitude faster than modern machines. For a… Read More >>
FINRA Warns of Post-CrowdStrike Secondary Attacks
Financial Industry Regulatory Authority (FINRA) officials have issued a warning that the global disruption caused by the CrowdStrike Outage could be followed by secondary attacks. “In connection to the widespread disruption, member firms should be aware they may experience secondary attacks from cyber criminals seeking to leverage this incident to carry out social engineering and… Read More >>
NYSE Council to Explore A.I. & Other Technologies
The New York Stock Exchange has launched the NYSE Tech Council, a group of senior technology leaders that will explore best practices for artificial intelligence, cybersecurity, and other cutting-edge technologies. “The council will be comprised of chief technology officers, chief information officers and other C-suite technology leaders from NYSE-listed companies,” according to the announcement. “With… Read More >>
CFTC Charges FCM with Neglecting Cybersecurity
AMP Global Clearing LLC (AMP), a registered futures commission merchant (FCM) settled charges with the CFTC over allegations of inadequate cybersecurity protections that led to an unauthorized copying of 97,000 client files. The Chicago-based AMP has been registered as an FCM with the CFTC since 2010, officials say. The CFTC has issued an order and… Read More >>
